My business has inventory – at what level do I need to start capitalizing inventory production costs?

Home » Questions » My business has inventory – at what level do I need to start capitalizing inventory production costs?

Under the new tax law – things have gotten easier for small businesses. Fewer companies will have to capitalize inventory production costs, now that the new tax law upped the gross receipts level to apply the UNICAP rules from $10 million to $25 million.

*Kiplinger Tax Letter

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