What Do New Tangible Property Rules Mean to You?

By |2015-03-05T15:48:37+00:00March 5th, 2015|Tangible Property|

Businesses often wrestle with understanding what items should be deducted versus what should be expensed. That task got a little more complicated this year when the Internal Revenue Service finalized new tangible property rules. They affect every business that has tangible property—buildings, machinery, equipment, furniture, vehicles—so they’re pretty far reaching. And they add a new