What qualifies for accelerated depreciation?
To qualify for bonus depreciation, the asset has to be used for business at least 50% of the time. Costs of qualified film or television productions and qualified live theatrical productions.
What is Accelerated Depreciation?
What is meaning of accelerated depreciation?
Accelerated depreciation is any method of depreciation used for accounting or income tax purposes that allows greater depreciation expenses in the early years of the life of an asset.