Final regulations issued on the capitalization of tangible property costs – See Sample Policies In September of this year, the IRS released final regulations on the capitalization of tangible property costs. The final regulations provide an important opportunity—the de minimis safe harbor election—that allows eligible businesses to immediately expense certain property that would otherwise have[ … ]
Author:
Evan Feldhausen is a Senior Manager for BeachFleischman PC’s Tax Department. He has provided accounting, tax, and financial statement services for a variety of privately held companies in his 7 years of public accounting.
