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.
The U.S. tax code is an evolving landscape, especially when it comes to sustainability and energy-efficient housing. That’s why IRS Notice N-2023-67 has become a focal point for professionals in the construction and real estate industries. If you’re wondering what this notice entails and how it can affect your business or personal finances, you’re in
In the demanding world of logistics, where every cent counts, cash flow optimization is crucial. Sure, it’s essential to trim expenses and enhance efficiency, but have you ever considered that a fresh take on your tax strategy could also lead to serious savings? This is where cost segregation enters the picture. This blog post is
The IRS issued a notice on Thursday, September 14, 2023 advising taxpayers that a temporary moratorium has been placed on the processing of Employee Retention Tax Credit (ERC) claims until at least the end of the year. In light of this, we at Engineered Tax Services (ETS) want to ensure that you’re fully informed and