[Wainin for]

Your list does not make sense:

“* Not expensing any capital goods over $500.”

For 2014 businesses can Sec. 179 expense up to $500,000. Your line indicates that businesses can not Sec. 179 expense an item with a value over $500. That is not true.

“* You are exempt if you hire a major auditing firm....” This is absolutely false. No matter who does the work, the client is always on the hook.

I still need more information if you want to go down this path.

[Paul R.]

For 2014 businesses can Sec. 179 expense up to $500,000. Your line indicates that businesses can not Sec. 179 expense an item with a value over $500. That is not true.

Are we talking about changes for 2014 (seems like it's too late to make changes like that, now) or for 2015 or later?