RB May 2014

Money Talk: Newer new rules for repair costs

IRS issues final regulations for builder expenses –  – By Mark Battersby – Since the inception of the Internal Revenue Code, the IRS and rural building businesses have been at odds over whether expenditures are deductible repairs or a capital expenditure. Now, after seven years of drafts and proposed rules, the...

Caution: watch that impact driver!

Improper use of impact drivers can lead to paint finish damage and failed connections. –  The Metal Construction Association has developed a technical bulletin on “Proper Tools for Fastening Metal Panels.” In particular, it addresses the improper use of impact drivers. Andrew F. Williams, PE, Director of Codes and Standards for...