IRS Provides Relief to Small Businesses from Filing Form 3115 Related to Tangible Property
In our prior communication dated Nov. 18, 2014, we informed you about the tangible property regulations issued by the IRS. The regulations explain when amounts paid to acquire, produce, or improve tangible property can be deducted and when they must be capitalized. Click here to read that newsletter.On Feb. 13, 2015, the IRS issued a Revenue Procedure that offers sign [...]