I opened my business in 2014 and had to install 2 new windows in order to get licensed. Would this be considered a home improvement to be depreciated or a start up cost since we only did it because of the business?
I opened my business in 2014 and had to install 2 new windows in order to get licensed. Would this be considered a home improvement to be depreciated or a start up cost since we only did it because of the business?
Under a new IRS ruling, replacing a few windows would be considered a repair and therefore can be deducted in one year. Deduct the entire cost in 2014.
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