One of the more significant issues that taxpayers and tax practitioners have faced in recent months is the Tax Cuts and Jobs Act’s (TCJA) amendment to Section 174, requiring capitalization of ...

The following information has been prepared to provide guidance for tracking project activity and making the determination about which costs should be “capitalized” or “expensed”. Reference the ...

As traditional value factors and value investing, in general, lose their luster, investors have turned to old tricks, such as capitalizing expenses, to justify buying stocks at overvalued levels.

Intellectual property (“IP”) development can cost millions of dollars so cost recovery timing can be financially material. General tax principles typically require that expenses associated with ...

The following information has been prepared to provide guidance for tracking project activity and making the determination about which costs should be “capitalized” or “expensed”. Reference the ...

As digital experiences increasingly drive new revenue streams for many businesses, software development costs can be treated as capitalizable investments, and can be categorized as depreciable assets ...