Tangible Property

tangible property regulations; to expense or capitalize?

The Tangible Property Regulations are applicable to all businesses. They are an in depth guide to the proper capitalization or expense treatment of tangible property, whether that property was acquired, produced, replaced, or improved. The most advantageous application of the Regulations to your specific situation requires an expert understanding of the law and your business.

Our approach to tax compliance requires the attention to detail required to precisely apply the Regulations to your tax situation. The election choices available to us in either expensing, or capitalizing tangible property can help you achieve your short-term or long-term goals through proper tax minimization and tax bracket planning, achieving cash flow targets.

Our team can help you:

  • Review capitalization policies and clarify a company’s financial picture
  • Analyze expenditures for materials and supplies, repairs and maintenance, asset purchases and the effect on subsequent depreciation
  • Create and implement an overall tangible property strategy that is key to achieving your business goals