Over 4 million businesses in the U.S. will be affected by new regulations governing the final version of the “repair” regulations. These rules affect the “capitalize or expense” decision for the acquisition, repair or improvement of tangible property, including any materials used. Will your business be affected?
In case you missed our November 1st webinar, be sure to watch the recording now. Gray, Gray & Gray Tax Advisor Mike Koppel explains how the new “repair” regulations work, how they must be applied, and ways the new rules could impact your business. Get up to speed on the complex rules that go into effect on January 1, 2014 – just a few weeks from now!