IRS Issues Repair/Tangible Property Regulations

The�IRS issued long-awaited final and proposed regulations regarding the treatment of expenditures incurred in acquiring, producing, or improving tangible assets.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/qm3f4R7q4DQ/newsnotes_nov2013-story-03.aspx

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