documentation. 1  the use of documentary evidence. 2  a furnishing with documents, as to substantiate a claim or the data in a book or article. 3  Computers.
1 Regular depreciation: Most business equipment is depreciable under MACRS depreciation (Modified Accelerated Cost Recovery System-pronounced MAKERS). 2  MACRS includes an accelerated method, which produces higher deductions in the early years of the property's recovery period than the MACRS straight-line method.
Characters left: The MACRS Asset Life table is derived from Revenue Procedure 87-56 1987-2 CB 674. The table specifies asset lives for property subject to depreciation under the general depreciation system provided in section 168(a) of the IRC or the alternative depreciation system provided in section 168(g).haracters left: The MACRS Asset Life table is derived from Revenue Procedure 87-56 1987-2 CB 674. The table specifies asset lives for property subject to depreciation under the general depreciation system provided in section 168(a) of the IRC or the alternative depreciation system provided in section 168(g).