This page provides a historic background�of the rules governing the tax treatment of expenditures related to tangible property. The IRS issued the final�regulations on September of�2013 that impact virtually all taxpayers for tax years beginning on or after January 1, 2014.
Source: http://feedproxy.google.com/~r/AICPA_Tax/~3/5WZhjX71tr4/TangiblePropertyHistory.aspx
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