The new tangible property regulations from the IRS are some of the most dramatic tax law changes to affect businesses since the 1986 Internal Revenue Code overhaul. These rules are complicated and require immediate action from all businesses that own tangible property, as they are effective now.  Lack of action could mean lost opportunity to take advantage of these rules to … [Read more...] about New Tangible Property Regulations: Tax Deduction Opportunities and Potential Pitfalls