- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is there a maximum total amount that can be expensed under 1263a1f safe harbor election? i.e. 100 items on separate invoices, each cost $2,000. Can you expense $200,000?
I've searched everywhere and cannot find a statement to address whether or not there is a annual or cumulative dollar limit on expensing items under the di minimis safe harbor rule. Is it up to the tax payer to decide?
Topics:
‎June 6, 2019
4:26 AM