All taxpayers that acquire, produce, or improve tangible property - TopicsExpress



          

All taxpayers that acquire, produce, or improve tangible property will need to comply with the recently issued repair regulations. These new regulations require taxpayers to capitalize more costs than they were required to capitalize under prior law. All taxpayers must assess whether they are required to change their methods of accounting in order to comply with the new regulations. In other words, our government wants us to pay more $$$$$$$!
Posted on: Fri, 01 Nov 2013 15:54:39 +0000

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