Tangible Property

Unveil the potential of your tangible assets with Rohr CPAs. Navigate the complex landscape of Tangible Property Regulations, making them work in your favor to optimize your tax situation. We turn factories into fortunes, and properties into profits, by making strategic choices between expensing and capitalizing. Connect with us today to start realizing the true value of your tangible assets.

Tangible Property Regulations: Capitalization or Expensing?

Tangible Property Regulations influence every business, outlining the proper treatment of tangible property, whether it’s acquired, produced, replaced, or improved. Navigating these regulations to capitalize on their benefits necessitates an expert understanding of the law and your specific business context.

At Rohr CPAs, our meticulous approach to tax compliance ensures these regulations are precisely applied to your unique situation. With strategic election choices available between expensing or capitalizing tangible property, we can help you hit your short-term or long-term targets via optimal tax minimization and bracket planning, thereby facilitating healthy cash flow.

Our dedicated team is equipped to:
• Scrutinize capitalization policies and refine your company’s financial overview.
• Evaluate expenditures for materials, supplies, repairs, maintenance, and asset purchases, gauging their subsequent impact on depreciation.
• Develop and implement a comprehensive tangible property strategy that aligns with and propels your business objectives.

Leveraging the De Minimis Election

With the De Minimis Safe Harbor election, your business equipment purchases could equate to significant tax savings. The De Minimis election enables businesses to deduct smaller purchases that might otherwise need to be capitalized and depreciated over time. Just like precision cuts on a table saw, small yet strategic tax decisions can shape your financial success. Trust Rohr CPAs to guide you through the complexities of De Minimis and carve out a path to lower tax liabilities.

Harnessing the Partial Disposition Election

The Partial Disposition election can provide unexpected tax relief by allowing you to recognize a loss when retiring a portion of an asset. Much like maximizing the potential of every component, understanding and applying this intricate provision can lead to substantial tax savings. At Rohr CPAs, we help navigate these complex decisions, ensuring you extract the most value from your assets and minimize your tax burden.

Our Business Tax Services

1277 E Grand Ave, Ste B
Arroyo Grande, CA 93420
Hours: M-F 9am to 5pm

Rohr & Associates, Inc. is a California Accountancy Corporation and is
a member of the Private Company Practice Section of the American
Institute of Certified Public Accountants. ©2023 Rohr & Associates, Inc.