Accounting Capitalization Policy

Accounting Capitalization Policy for ___________________

1.  This accounting capitalization policy is effective as of January 1, 2016, and treats as an expense for non-tax purposes both the amount paid for property that does not exceed $5,000/$2,500 per invoice (or per item as substantiated by the invoice) and the amount paid for property with an economic useful life of 12 months or less.
2. Pursuant to this policy, the amounts described in 1 above will be treated as an expense on the books and records.

Signature: ____________________

Title: ________________________

Date: ________________________