That seems to be the case if I look at the IRS publication stating "Under §1.263(a)-1(f)(1)(ii)(D), a taxpayer without an AFS may elect to apply the de minimis safe harbor if,among other things, the amount paid for the property subject to the de minimis safe harbor does not exceed $500 per invoice (or per item as substantiated by the invoice) or other amount as identified in published guidance issued by the Treasury Department and the IRS." 

I live in Hastings on Hudson and recently signed up here to see if it will be a good place for me to learn something new and connect with good people.I do marketing and web development for one architect who was a project manager of the Cosmopolitan Hotel and Casino and Caesars Palace in LV and also built many custom houses. 

The resulting improvement to household monthly cash flow will be plowed back into the economy, thereby returning tax revenues to the Treasury to pay off the deficit caused by the stimulus.

I am a full-time bartender in Las Vegas  at major Casino. 

Hi BP community, anyone noticing the 10 year US Treasury yield lately (tied to the mortgage interest rate)? 

Here's a trivia question for you...When did 30 Yr Treasury Bonds last hit a 10-year low?

Recent changes by the US Treasury also now are requiring full discharge of the homeowner, so no longer an option for pursuit of a deficiency by the lender.

Tax returns come back in the form of treasury bonds.

It's unoffical at this point but it was recently leaked that P. Kettle will consider the position of Treasury Secretary.

He may be the right man for the job afterall!

His impressive qualifications are explained in t...

I fear that the US Treasury, the Federal Reserve, and the White House may decide who wins and who loses in the capital markets over the next three to five years.