MACRS Depreciation Explained

MACRS is the modified accelerated cost recovery system for the U.S. income tax. This video shows two examples: 5 year MACRS 7 year MACRS MACRS assumes zero salvage value and the half year convention. __________ BOOK AN APPOINTMENT WITH ME Book a coaching or tutoring appointment with Jeff Mankin 💻 finallylearn.com/book-a-coaching-call/ __________ SEE ALSO Accounting for Long Term Assets Playlist    • Chapter 8 Accounting for Long Term As...   The Ultimate Guide to Learn Financial Accounting finallylearn.com/ultimate-guide-to-learn-financial… Accounting Basics playlist    • Financial Accounting Basics for Begin...   __________ LEARN MORE Please Like, Comment, and Subscribe to support our channel. ✅ Please Subscribe to Finally Learn youtube.com/finallylearn?sub_confirmation=1 Visit Finally Learn: finallylearn.com/ ACCOUNTING BASICS The Ultimate Guide to Learn Financial Accounting finallylearn.com/ultimate-guide-to-learn-financial… Accounting Basics Course for Beginners playlist    • Financial Accounting Basics for Begin...   EXCEL BASICS The Ultimate Guide to Learn Excel Basics finallylearn.com/ultimate-guide-to-learn-excel-bas… Excel Basics playlist:    • Excel Basics Playlist   Time Value of Money Playlist:    • Time Value of Money   Data Analysis With Excel Playlist:    • Data Analysis with Excel   FINANCE BASICS Time Value of Money Playlist:    • Time Value of Money   INTERMEDIATE ACCOUNTING Intermediate Accounting Study Guide finallylearn.com/intermediate-accounting-study-gui… Intermediate Accounting 1 Playlist:    • Intermediate Accounting 1   Intermediate Accounting 2 Playlist:    • Intermediate Accounting 2   __________ BOOKS I RECOMMEND 📕 The Little Book of Common Sense Investing (Jack Bogle is the father of index fund investing) amzn.to/3cOIHi2 📗 A Random Walk Down Wall Street (Burton Malkiel's book on why index funds beat the investing pros) amzn.to/3mt6OpX 📘 The Boglehead's Guide to the Three-Fund Portfolio (Simplifying your portfolio with just three funds) amzn.to/3cOeEas __________ SAY HI ON SOCIAL 🖥 Website: www.finallylearn.com/ 📸 Instagram: instagram.com/finallylearn 📰 Twitter: twitter.com/finallylearn 🖥 YouTube: youtube.com/finallylearn __________ MY GEAR 🎙 My Favorite USB Microphone amzn.to/39Dd7Sm 💻 Laptop amzn.to/45WjGdT 💼 Laptop Backpack amzn.to/2OnqkHI 💵 The best Financial Calculator amzn.to/3duFvY0 🎧 My Earbuds amzn.to/2PzHNx9 📓 Favorite Journal amzn.to/3f4jrUX 🖊 Best Pens amzn.to/3tBHCiY __________ ABOUT ME My name is Jeff Mankin. I teach accounting, finance, and Excel. I started my website FinallyLearn.com and my channel to teach more people financial topics. I have a passion for teaching financial topics using Excel. I have articles and videos on many financial topics. My goal is to help you finally learn financial skills! Check out the playlists on accounting basics, time value of money, and Intermediate Accounting. I hope you join me on the Finally Learn channel! __________ DISCLAIMERS & DISCLOSURES This content is for education and entertainment purposes only. Finally Learn LLC does not provide accounting, tax, financial planning, or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Finally Learn is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support! #finallylearn #jeffmankin 4,022 Subscribers 01/05/2024    • MACRS Depreciation Explained  

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