IRS Tax Deduction for Registration

[Willy-2005]

Will the IRS still allow a company to deduct the expenses associated obtaining, maintaining and renewing registration to a quality standard? We're holding a management review meeting soon and I would like to be able to comment on this.
Thanks - Willy

 

[Al Dyer]

Yes, costs are deductable. I think the law was recently revised so that the cost can be deducted in one year instead of over a few years. The following should lead you in the right direction:

http://Elsmar.com/ubb/Forum2/HTML/000147.html

 

[Marc]

The Details

See http://Elsmar.com/Forums/showthread.php?t=638 and http://Elsmar.com/Forums/showthread.php?t=614

These are in the current forums.

 

[Willy-2005]

Thanks for the references. I'll pass on this information to our accounting department. In today's market every little bit helps.

Thanks again - Willy