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Shed addition. Depreiciate or expense?
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MaineFarmer
Posted 7/1/2020 04:33 (#8346730 - in reply to #8345524)
Subject: RE: Shed addition. Depreiciate or expense?


coast of Maine
Having been audited a few times I recommend violating the rules a bit so they show up and take a tour.Let me tell you it is something we and you all should experience.Once they have searched your property,used your toilet,looked through all your buildings,asked you dozens of suspiciuos questions you will gladly never fly the American flag again.Been there done that ,scared first time ,next few no big deal but it it WILL change you for ever.First was a building depreciation error also. Oh well off to farm work.
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