firat

I understand the theory, but I am asking from a practical standpoint how would this work.
For example, if an accelerated dep. schedule is used for taxes over 5 yrs vs. a slower one for
financial statements.

In the later yrs the depreciation on the tax schedule will be lower as compared to the one on the financial statements. but the question is that since IRS is ok with the accelerated depreciation who do you owe the cash taxes to in the later years?