Landlords and tenants often negotiate to make improvements or alterations to nonresidential rental space so that it becomes more suitable for the prospective tenant’s business needs. In doing so, the landlord or the tenant may be eligible to depreciate the costs associated with these leasehold improvements. Usually, the party that pays for and retains ownership of the leasehold improvements may depreciate them.
Are you leaving money on the table? For business owners and investors who acquire, construct, or improve property, a major tax opportunity is quickly approaching. On May 13, the House Ways & Means Committee advanced the “One Big Beautiful Bill” – and hidden within its 389 pages are five game-changing provisions that could dramatically increase
West Palm Beach, FL — Engineered Tax Services (ETS), a nationally recognized leader in specialty tax services, proudly announces the appointment of Jason Dance as Chief Operating Officer. With over two decades of executive leadership driving revenue acceleration and operational excellence, Jason’s addition marks a pivotal moment in ETS’ strategic evolution. “Bringing Jason on board
If you own or run a business in Michigan and you’re investing in innovation—this is news you don’t want to miss. Starting January 1, 2025, Michigan is launching a refundable Research and Development (R&D) tax credit that’s designed to reward companies doing R&D work right here in the state. Whether you’re building new technology, testing