Alright, so you just bought or built a commercial property. Maybe it’s a 70-room hotel or a 5-star resort or even an enormous office complex. Whether you spent $5 million
Was a Cost Segregation Study or Energy Study rule out due to a Net Operating Loss at the personal tax level of the shareholder/partner? Depending on the size of the
Many people thought the 2005 Energy Tax Credits were going to expire this year, but the bailout plan extended them to 2013. As a result, substantial opportunities continue to await clients of those CPAs who understand how to take advantage of these tax benefits. The California Society for CPAs will conduct a webinar in conjunction with Engineered Tax Services on November 06, 2008 from 11:00am - 1:00pm PST (Registration at 11:00am) to educate members on the significance these benefits can have in terms of tax savings for their clients.
Cost Segregation Services are IRS-sanctioned techniques allowing businesses to accelerate depreciation on their facilities. In short, Cost Segregation Services and Cost Segregation Studies can substantially reduce income taxes by increasing depreciation allowances.