Make Sure Repairs to Tangible Property Were Actually Repairs Before You Deduct the Cost

Repairs to tangible property, such as buildings, machinery, equipment or vehicles, can provide businesses a valuable current tax deduction — as long as the so-called repairs weren’t actually “improvements.” The costs of incidental repairs and maintenance can be immediately [...]

By |2018-04-11T15:10:06+00:00March 5th, 2018|Categories: Blog|Tags: |0 Comments