Depreciation Calculator Description
Our software was designed with the goal of user-friendliness and functionality in mind. This is the only software that we sell. Depreciation calculator will always be up-to-date to reflect the most frequent customer requests. Every year, the program is updated with any changes in tax law that affect the calculation of depreciation. Our depreciation software supports both Federal and State tax depreciation methods, ACRS and MACRS. Calculations of depreciation can be used for regular tax or alternative minimum tax (AMT). The Depreciation Calculator has been updated to reflect the Tax Cuts and Jobs Act's (TCJA) changes that affect fixed asset depreciation and Section 179 deduction, First-year Bonus depreciation, and Section 199A.