ASSET-DEPRECIATION RANGE
asset-depreciation range.Tax. The IRS’s range of depreciation lifetimes allowed for assets
placed in service between 1970 and 1980 and for assets depreciated under the Modified
Accelerated Cost Recovery System under the Tax Reform Act of 1986. — Abbr. ADR. See
ACCELERATED COST RECOVERY SYSTEM. [Cases: Internal Revenue 3476. C.J.S. Internal
Revenue §§ 230, 234, 239, 249.][Blacks Law 8th]