At Last – Relief From the Repair Regulations

Date
2015-02-27
Authors
Harl, Neil
Journal Title
Journal ISSN
Volume Title
Publisher
Altmetrics
Authors
Research Projects
Organizational Units
Journal Issue
Series
Abstract

The long-running saga involving the IRS effort to retake the high ground1 in drawing the line between what is a repair and what must be capitalized2 took an abrupt turn on February 13, 2015, when IRS issued Revenue Procedure 2015-20 which lifted the burden of filing Forms 3115 for most small taxpayers.3 That was welcome news to many practitioners (and taxpayers).

Description
Keywords
Citation
DOI
Source
Collections