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Tax implications of building system maintenance or replacement

from Today's Facility Maintenance

The recent release of the IRS regulations, Tangible Property Regulations – 080713 v1 and IRS Revenue Section 263(a), define the tax differences between repairs or maintenance and replacement of long life building systems and components. Facility managers need to know how these regulatory changes apply when considering repair or replacement of long life systems or components in commercial buildings. more

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7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063