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Hi Everyone, the IRS has set forth a rule (Revenue Ruling 2001-4) for Assets that have been capitalized with repairs and maintenance expenses. The IRS change is to remove the amount of repairs and expenses capitalized from the tax depreciation areas only. Has anyone run into this change or know what is best practice? I appreciate any input. | __.____._ Copyright © 2011 Toolbox.com and message author. Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251 | | Popular White Papers In the Spotlight _.____.__ |