Uncovering Tax-Saving Opportunities in Today’s Socially Distanced World

Property owners across the real estate spectrum are always looking for ways to reduce their tax liabilities and increase cash flow. Now, as the coronavirus (COVID-19) pandemic continues to strain

Share
How to Qualify for the 179D Energy-Efficient Building Tax Deduction

The 179D Energy Policy Act certification calculates the tax deduction achieved from the installation of energy-efficient assets, including HVAC, building envelope and lighting. The building may qualify for up to

Share
Requirements to Claim the 45L Home Energy-Efficient Tax Credit

The 45L tax credit for energy-efficient homes provides $2,000 per unit for owner-occupied or rental dwelling buildings that meet certain conditions. Properties, which must be three stories or lower, must

Share
Congress Approves $370 Billion in Additional COVID-19 Funding for Small Businesses

Congress has reauthorized critical funding for the Paycheck Protection Program (PPP), which was initially funded through the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act in March. The

Share
How to Check the Status of Your SBA Loan Application

Submitting a loan to the Small Business Administration (SBA) during the COVID-19 pandemic is no small feat. Once you get your request for an Emergency Injury Disaster Loan (EIDL) submitted,

Share
FAQs: 179D Energy Efficient Building Deduction

Are you aware that you can save hundreds of thousands of dollars for energy-efficient commercial buildings? The Energy-Efficient Commercial Buildings Tax Deduction (179D) offers tax deductions for energy efficiency in

Share
State R&D Tax Credits: The Double Benefit

Taxpayers have become more aware of the benefits offered through federal research and development (R&D) tax credits. The tax incentive is now meant to stimulate innovation and design in industries

Share
QIP Fix in CARES Act Provides a Boost for Property Owners

The CARES Act economic stimulus package approved by Congress includes a tremendous opportunity for property owners to take 100% bonus depreciation for qualified improvement property (QIP) retroactively. Specifically, property owners

Share
Cost Segregation Benefits for Residential Rental Properties

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

Share
The Path Forward – Planning and Action Items Via The CARE Act

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

Share
ETS Cares Act Resource Center

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.

Share
CoronaVirus Bill Update

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

Share
The New 2019 Tax Deadline Relief in response to the Coronavirus Emergency

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

Share
Research and Development Tax Credit for the Software Industry

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

Share
A Big R&D Tax Credit Win for Architects in the U.S. Tax Court

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

Share
Cost Segregation Benefits for Multifamily Property Owners

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

Share
Internally Developed Software Tax Treatment: Claiming the R&D Tax Credit for Internal Use Software

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

Share
6 Key Factors to Consider When Evaluating a Property for Cost Segregation

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

Share