Understanding whether to capitalize or expense costs can keep your financial statements in accordance with generally accepted accounting principles (GAAP) and you out of trouble with the tax ...

Practitioners have been making use of a resource arising from the IRS’ ongoing audit initiative concerning capitalization rules. The IRS issued Capitalization v. Repairs Audit Technique Guide ...

IMGCAP(1)]Over the last few years one of the most dynamic portions of the tax code has been depreciation and capitalization regulations. Processing Content Between the changes to capitalization rules, ...

On Sept. 13, 2013, the Internal Revenue Service published new regulations on what have become known as the Repair Regulations. The regulations are focused on the treatment of tangible property, ...

The American Institute of CPAs is asking the Internal Revenue Service to simplify the interest capitalization regulations and make them less of a burden. In a letter Wednesday to the IRS, the AICPA ...

The methods technology companies use to develop new software for their customers have changed in recent years, making applying the rules for capitalization of software development cost more ...

In early September, I published an article seeking guidance from the IRS on how to implement the new capitalization rules under IRC Section 174, which was effective on Jan. 1, 2022. Much to my ...

In the corporate context, capitalization is the process of converting the retained earnings into capital by issuing new stock. A corporation executes this process by issuing a stock dividend. The ...