by Aleksei Koutin on 25 Nov, 2015 - 0 comments

Yesterday, the IRS issued Notice 2015-82 that increases a business without an applicable financial statement to deduct up to $2,500 of repair expenses under the safe harbor limit, rather than capitalize and depreciate them. Previously, the limit was $500. It should be noted that this $2,500 is applied on a per invoice or per item […]