Late in 2013, the IRS issued final regulations regarding repair regulations and rules regarding the treatment of expenditures for acquiring, maintaining, or improving tangible property. The IRS issued final regulations on the treatment of disposing tangible property in 2014. This article provides guidance on the capitalization and expenditure rules contained within the regulations. Questions: 1…. Read more »
Posts Tagged: capitalize or expense?
Well it’s almost time for the Super Bowl again. So get the snacks ready in front of the big screen TV. But what comes with the game and half-time? Of course, the commercials. However, the hoopla behind Super Bowl ads has spawned a team of skeptics. Growing research shows the $3.5 million that advertisers pay… Read more »