- October 10, 2013
- Andrew Presti
- Author's Bio
- Articles, Blog Posts
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IRS issues final “repair” regulations with looming effective date
The IRS has issued much-anticipated final “repair” regulations that provide guidance on the treatment of costs to acquire, produce or improve tangible property. These regulations take effect January 1, 2014. They affect virtually any business with tangible assets. The IRS has estimated that about 4 million businesses must comply. At a length of over 200 […]
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