Author Archives: Michael Finnegan

What the Tangible Property Regulations Mean for Your Business

The IRS has issued final rules on the capitalization and deduction of costs incurred to acquire, maintain, repair and replace tangible property.  The IRS also issued new proposed rules pertaining to the disposition of tangible property.  These rules will impact taxpayers that acquire, produce, or improve real or personal property.  In addition, there are rules… Read More →