Bookkeeping

What is straight-line depreciation: Formula & examples

Additionally, the IRS allows businesses to write off certain expenses using this method under the Modified Accelerated Cost Recovery System (MACRS). The straight-line method is a popular choice for its simplicity, but it has limitations. Understanding the pros and cons can help you decide if this depreciation method is right for your business. When Is the Straight-Line Method Not Useful? This can...

Compare listings

Compare
× How can I help you?