
March Updates: Repairs, Recapture Myths, and Tax Time Travel
March inside The Firm Foundation is all about timing: when to expense, when to capitalize, and how to stop second-guessing every decision.
What’s New in the Course
🛠️ Routine Maintenance Safe Harbor
Finally answer “expense or capitalize?” with clarity using UOP, the IRS BAR test, and why clients don’t get a vote.
🚩 Depreciation Recapture
We debunk the fear: accelerated depreciation isn’t dangerous, it’s just borrowing from future taxes (and totally manageable with a plan).
🔥 Section 179 vs. Bonus Depreciation
Learn how to strategically “time travel” your taxes using the scalpel (Section 179) or the flamethrower (bonus), without falling into common traps.
Why It Matters
This is where tax strategy gets real. These concepts turn guesswork into confident, proactive decision-making for you and your clients.
If you haven’t signed up, now’s the time! The new lessons are live and ready inside The Firm Foundation.
