In the U.S.,accelerated depreciation is almost universally used for tax purposes.

Accelerated depreciation is a widely used tax strategy in the U.S. where businesses can deduct more of the asset cost in the early years of its useful life, resulting in immediate tax savings. This helps businesses reduce their taxable income and pay lesser taxes upfront. However, businesses need to consider the long-term effects of accelerated depreciation as they may have to record higher depreciation expenses in later years, affecting their bottom line.