The new tangible property regulations in effect for 2014 and later years mostly frustrate tax accountants and mostly confuse small businesses and real … [Read more...] about Partial Dispositions and the New Tangible Property Regulations
Archives for February 2015
Revenue Procedure 2015-20 a Face Punch for Tax Accountants
Let’s get this out there first: The IRS had created a crazy situation. They’d changed the rules about how businesses and investors should account for … [Read more...] about Revenue Procedure 2015-20 a Face Punch for Tax Accountants
Are You Kidding Me? An Update on the TPR Accounting Changes Mess
I can't believe it. I really can't. After years of fiddling-faddling with the regulations for tangible property accounting—including lengthy … [Read more...] about Are You Kidding Me? An Update on the TPR Accounting Changes Mess
Why New Unit of Property Rules Are Important
2/17/2015 Update: Information about our e-book, which has been updated for Revenue Procedure 2015-20, appears at the bottom of page. For 2014 … [Read more...] about Why New Unit of Property Rules Are Important