New Tax “Repair Regulations” Present Tax Deduction Opportunity Related To School Facilities and Improvements
December 20, 2016
By Steven T. Feldbauer, JD Many businesses are not aware of the Tangible Property Regulations (a.k.a. “Repair Regulations”) that were finalized by the IRS that are applicable to tax years starting on or after January 1, 2014. These now-final regulations, which are known mostly only by tax professionals/accountants, do have…