What is Required for a Form 3115 Involving Repairs and Small Purchases?
Date
2016-01-29
Authors
Harl, Neil
Major Professor
Advisor
Committee Member
Journal Title
Journal ISSN
Volume Title
Publisher
Authors
Research Projects
Organizational Units
Organizational Unit
Iowa State University Digital Repository
The Iowa State University Digital Repository is the open access institutional repository for the university to collect, manage, share, and preserve free, worldwide access to research and scholarship of Iowa State faculty, staff, and students.
Material in the Digital Repository covers a wide range of disciplines from engineering to social sciences to arts and humanities.
Journal Issue
Journal Issue
Is Version Of
Versions
Series
Department
Iowa State University Digital Repository
Abstract
The succession of regulations involving repairs from 20061 through 2008 and 2011, all of which were withdrawn, to the final regulations issued in 2013,2 emphasized, to varying degrees, that IRS was favorably inclined toward a “safe harbor” for small taxpayers which was sometimes expressed in terms of a “qualified taxpayer.” The Preamble to the final regulations in the “Explanation of Provisions” referred to a “safe harbor” for small taxpayers.3