by Kevin Jerry | Nov 1, 2022 | Expenditures, RABI Rules, The Tangible Property Regulations
Have the Tangible Property Regulations changed the rules for determining whether an expenditure is a deductible repair or a capital improvement? The Tangible Property Regulations put existing case law and prior tax regulations into a structure to help you determine...
by Kevin Jerry | Oct 24, 2022 | The Tangible Property Regulations, Unit of Property
The Unit of Property (UOP) concept is not new, but the rules are new to The Tangible Property Regulations under ยง 1.263(a). In the past, the regulations did not define property for the purposes of determining whether an expenditure after an asset is placed into...
