Why use Sum-Of-Years-Digits Depreciation?

Sum of Years Digits places a higher depreciation value at the ront end of an asset letting you deduct that from your taxes early on. For a new company this is extremely useful because you save more on taxes during the first, most critical years. During the latter part of this process the depreciation amounts will be less which means you will pay more taxes. In the end the same amount is paid, so it all depends when you need the most money.