Capitalization is the process of recording an expenditure as an asset on a company's balance sheet. This shows that the expenditure is expected to have future economic benefit. Capitalization of ...

The truth about this rate of return on real estate invesment property Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS ...

IMGCAP(1)]Now that the October 15 tax deadline has passed, many CPAs are turning their attention to the major changes put in place under the IRS’s new “repair vs. capitalization regulations.” The new ...

While it’s been a long time coming, the IRS has issued new rules under Code Sections 162(a) and 263(a) on when to deduct or capitalize amounts paid to acquire, produce or improve tangible property.