Bookkeeping

Where can I find the actual IRS required amount for something to be considered a fixed asset?

I keep hearing different opinions on how much does something have to cost before it is considered a fixed assert or an expense, but I don’ think it is this arbitrary. Do you have the exact information?

in progress 1 Answer

Answer

  1. 8 Answers

    Hi there, we found a similar question that has already been answered https://askexper.com/question/fixed-assets-vs-expenses/

Leave an answer