TAX ALERT: The Senate Finance Committee Republicans sent a letter yesterday to #Treasury and #IRS providing their “congressional intent” regarding three #TCJA provisions that require technical corrections – QIP, NOL, and the sexual harassment settlement deduction. For more information, click here.
TPRs and Cost Segregation for Tax Savings
As a commercial property owner or investor, you know depreciation is vital for your tax strategy. It lets you recover the cost of your property over time, reducing your taxable income. But did you know there are ways to amplify these benefits? Tangible property regulations (TPRs) and cost segregation studies are two powerful tools that