| Calculate Federal and book depreciation using this tool. All depreciation and amortization methods required for federal tax reporting are included in an easy-to-use calculator format. Extensive online help details methods and tax requirements.
New maximum automobile amounts can be typed in to stay current with changing tax regulations. A formal depreciation schedule can be printed. Half-year, mid-quarter, and mid-month conventions are provided. Depreciation is generated using IRS tax tables.
This is an ideal application for a CPA, or anyone doing tax schedule 4562, justify capital purchases, or manually booking depreciation.
The following depreciation methods are supported:
- ADS
- Amortization
- MACRS - 200 DB
- MACRS - 150 DB
- MACRS - Straight-Line
- Straight -Line
|
