Many people think of cost segregation as a tax tool that can benefit commercial property owners. However, a cost segregation study can identify opportunities for faster tax depreciation for owners
Written by Kreig Mitchell, Attorney at Law The Covid-19 situation has impacted just about every individual and business in the U.S. The Federal government has implemented a number of stimulus
Our CARES Act Resource Center will provide you with timely information that can benefit your business and clients now and in the months ahead. We’ll highlight tax-advantageous measures contained in the CARES Act, such as improvements to cost segregation, and tax changes that will benefit R&D tax credits and the treatment of business losses.
This bill will require most Real Estate investors to refile and amend Corporate tax returns. CPAs will quickly have to learn new laws to best help their clients in real
Today, the Treasury Department and IRS issued clarifying guidance to address industry confusion regarding the intent of Secretary Mnuchin’s press statements yesterday, which outlined new 2019 tax deadline relief in
The Research and Development (R&D) tax credit is intended to incentivize companies to make innovative and technological investments that help the U.S. remain competitive in the global marketplace. Software development
Confusion and gray area have surrounded the research and development (R&D) tax credit (technically called Research and Experimentation tax credit IRS Code Section 41) for years. Both CPAs and business
If you own or invest in multifamily properties such as rental units, you are focused on increasing the property’s value over time. One of the most effective ways to accomplish
The Research and Development (R&D) Tax Credit is a permanent federal tax incentive intended to stimulate innovation, technical design and manufacturing within the U.S. Many taxpayers associate these valuable tax
As the real estate market continues to rise, property owners are seeing the need to become more educated on ways to reduce their costs. Knowing that real estate is one
Over the years, cost segregation has steadily grown to become one of the most valuable tax-savings tools. CPA firms recognize the value in cost segregation studies because they know a
Cost Segregation Study Provides For Immediate Expense Of Leasehold Improvements Landlords and tenants often negotiate to make improvements or alterations to nonresidential rental space so that it becomes more suitable for
What Information Needs To Be Collected For A Cost Segregation Study? Whether you are a business owner, commercial property owner or an investor, cost segregation studies are critical to uncovering
As an architect or engineer, are you certain you are taking advantage of cost-reduction opportunities available to you under federal tax regulations? For example, under the Tax Extender bill approved
If you are an entrepreneur with a new business that is developing products to bring to market, the federal Research and Development (R&D) tax credit can benefit you. Historically, the R&D
As a property owner, cost segregation is one of the best ways for you to uncover potential tax savings and increase your cash flow through the reclassification and faster depreciation
Are you engaged in manufacturing activities that introduce or improve processes or products? If so, you are likely to qualify for valuable, federal Research and Development (R&D) Tax Credits. What’s
The real estate industry was rewarded this week with the passing of Omnibus Appropriations Bill H.R.1865 (H.R. 1865). Of most significance, the bill extends several real estate-related tax provisions through
