Project Description

RIA Special Study: navigating the final capitalization regs—Part I
Earlier this year, IRS issued long-awaited final regs on a vast subject of vital interest to millions of taxpayers––the application of Code Sec. 162(a) and Code Sec. 263(a) to amounts paid to acquire, produce, or improve tangible property. This article, the first of a multi-part Special Study, provides an overview of the regs and the general capitalization rule.

RIA Special Study: Navigating the Final Capitalization Regs—Part II
Earlier this year, IRS issued long-awaited final regs on a vast subject of vital interest to millions of taxpayers––the application of Code Sec. 162(a) and Code Sec. 263(a) to amounts paid to acquire, produce, or improve tangible property. This article, the second of a multi-part Special Study, provides in-depth analysis of the de minimis safe harbor election.