IRS Notice 2017-6 Creates Window of Opportunity to Unlock Tax Savings for Some Taxpayers

The IRS issued Notice 2017-6 to extend the time to make certain changes to comply with the tangible property regulations. This includes making accounting method changes for repair and maintenance

Share
SAVINGS UNDER THE TANGIBLE PROPERTY REPAIR REGULATIONS

The Final Tangible Property Repair Regulations are here to stay and provide significant benefits to taxpayers. Under these “TPR’s,” taxpayers must account for their annual expenses relating to: Materials &

Share

By Heidi Henderson Self-storage owners are missing the boat when it comes to cash flow opportunities they can derive from IRS approved tax strategies. Recent regulations passed by the IRS, coined

Share

The Final Tangible Property Regulations issued by the IRS greatly impact the treatment of costs that relate to building repairs, routine maintenance, retired or removed assets, and building improvements. These

Share