Tax Depreciation

What is Tax Depreciation?

Tax Depreciation is a remote MCP (Model Context Protocol) server that provides MACRS (Modified Accelerated Cost Recovery System) depreciation calculations based on IRS Publication 946. It is intended for tax professionals, developers, and anyone needing to query asset class information, depreciation schedules, and yearly depreciation amounts.

How to use Tax Depreciation?

Add the remote endpoint https://tax-depreciation-mcp.onrender.com/mcp to your MCP client (e.g., Cursor) via the command palette (MCP: Add Endpoint to Cursor) or by manually including the mcpServers configuration in JSON. Once connected, send queries such as “Calculate year 3 depreciation for a $50,000 delivery truck” or “Get class info for computers.”

Key features of Tax Depreciation

• Retrieve asset class information for a given asset.
• Get the full MACRS depreciation schedule for an asset.
• Calculate depreciation amount for a specific year and asset.
• Determine the applicable convention (e.g., half-year, mid-quarter).
• Test connectivity with a built-in ping tool.

Use cases of Tax Depreciation

• Compute annual depreciation for tax reporting or financial planning.
• Quickly look up the correct asset class for a business asset.
• Determine which depreciation convention applies to a new asset.
• Integrate automated depreciation calculations into tax software or workflows.
• Verify MCP endpoint connectivity before running complex queries.

FAQ from Tax Depreciation

What is the endpoint URL?

The remote MCP is hosted at https://tax-depreciation-mcp.onrender.com/mcp.

Which tools are available?

Five tools: get_asset_class, get_depreciation_schedule, calculate_depreciation_amount, choose_convention, and ping.

How do I configure it in Cursor?

Open the command palette (Cmd+Shift+P on macOS), type MCP: Add Endpoint to Cursor, and enter the endpoint URL. Alternatively, add the mcpServers JSON configuration to your tool’s settings.

What depreciation system does it use?

All calculations are based on MACRS (Modified Accelerated Cost Recovery System) from IRS Publication 946.

Is there a way to test connectivity?

Yes, use the ping tool to verify the MCP endpoint is reachable.