Join University of Maryland Extension for a two-hour webinar evaluating capitalization versus expense decisions using current IRS guidance and court precedent. Determining whether a business cost should be expensed or capitalized is one of the most judgment-intensive and frequently challenged areas of tax compliance. The classification of expenditures directly affects taxable income, financial statements, audit risk, and long-term planning strategies—making it a critical issue for tax and accounting professionals. Presented by former IRS Technical Advisor and Certified Fraud Examiner Susan Harper.