Audience
Fixed Asset Management solution for companies
About Depreciation Calculator
Our software was designed and written with the focus on user-friendliness, functionality, and value. This is the only software we sell; therefore, it is our main focus. Our long-term goal is to keep Depreciation Calculator up-to-date with the latest tax law changes that affect the calculation of depreciation, and to add the features that our customers most often request. The program is updated annually with all the changes in the tax law that affects the calculation of depreciation. Our depreciation software supports the following Federal and State tax depreciation methods: ACRS and MACRS. Depreciation calculations are made for both regular tax and alternative minimum tax (AMT) purposes. Depreciation Calculator has been fully updated to comply with the changes made by the Tax Cuts and Jobs Act (TCJA) legislation that affect the calculation of fixed asset depreciation, Section 179 deduction, First Year Bonus depreciation, and Section 199A.