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A comment on Tell HN: Submit comments on IRS guidance to SEC 174 expenses. Parent comment

Re:Tell HN: Submit comments on IRS guidance to SEC 174 expenses by fdasava on Saturday November 04, 2023 @02:52PM (#38144000)
If/when software goes out of use, it can be written down and deducted immediately. The 5 years is a maximum, not a minimum.
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Re:Tell HN: Submit comments on IRS guidance to SEC 174 expenses by lgleason on Sunday November 05, 2023 @12:21AM (#38148156)
I don't think that is true. From what I'm reading there is no acceleration.
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Re:Tell HN: Submit comments on IRS guidance to SEC 174 expenses by ikekkdcjkfke on Sunday November 05, 2023 @02:59AM (#38149226)
What happens when changing broken parts on a machine that's amortizing, or repairs
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Re:Tell HN: Submit comments on IRS guidance to SEC 174 expenses by jncfhnb on Monday November 06, 2023 @07:51PM (#38171586)
Repairs and maintenance would generally be expensed.

Expansions and improvements would generally be capitalized.

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