There are two primary methods for expensing real estate costs: the traditional straight-line method and an engineering-based cost segregation method. Cost segregation, particularly now, renders a variety of benefits for real estate investors, such as accelerated depreciation schedules, reduced taxable income and increased operating cash flow.
Commercial property owners, there’s a powerful tax strategy you might be missing out on: a cost segregation study. A properly done study can unlock huge tax savings by letting you depreciate certain building components more quickly. Surprisingly, many property owners haven’t explored this option. You may be asking yourself, “If this tax strategy is so
Research and development (R&D) tax credits are a powerful financial incentive for companies willing to push the boundaries of innovation. These credits reward businesses that invest in developing new products, processes or technologies—essentially encouraging them to take risks that benefit society as a whole. However, not all R&D projects qualify for tax credits. To make
Tax deductions are valuable tools that reduce the amount of your income that’s subject to taxation. They can save you money—but sometimes, you might not be able to fully utilize all your deductions within a single tax year. This article will explain what happens to those unused deductions and provide strategies to help you make