What Is a Capital Expenditure and What Are the Tax Implications?

watering can pouring on stacks of coins representing business growth

Capital expenses are large purchases required to keep a business growing. Here’s what you need to know about these costs, including the tax implications.  Key takeaways: Capital expenditures are long-term investments like technology upgrades or significant equipment purchases These purchases are recorded on the balance sheet since they’re investments, not everyday operational costs Capital expenditures…

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