Why do many companies use MACRS Modified Accelerated Cost Recovery System depreciation for tax purposes?
If a company uses MACRS for depreciation for tax purposes, can it use a different method for financial reporting? Explain why or why not.

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The Answer of Why do many companies use MACRS Modified Accelerated Cost Recovery System depreciation for tax purposes?
If a company uses MACRS for depreciation for tax purposes, can it use a different method for financial reporting? Explain why or why not.

Why Do Many Companies Use MACRS Modified Accelerated Cost Recovery