Definition of "ACRS"
  1. A system that enables rapid deduction of costs associated with certain properties
How to use "ACRS" in a sentence
  1. The business chose to use ACRS to depreciate their new office equipment quickly.
  2. ACRS is a popular method among businesses for depreciating assets to reduce tax liabilities.
  3. To secure a larger tax write-off, the company decided to depreciate its new machinery using ACRS.

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