Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can the labor to install tangible personal property be included in COGS?

0
Posted

Can the labor to install tangible personal property be included in COGS?

0

Labor to install tangible personal property outside of the manufacturing process, unless part of “construction, improvement, remodeling, repair or industrial maintenance of real property,” is not allowed as part of the cost of goods sold deduction. See Rule 3.588(b)(7).

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123