Real estate is one of the only U.S. investments that can be depreciated for tax savings as long as property owners understand and utilize cost segregation to maximize their cost recovery. Whether newly constructed, purchased or renovated, portions of a building can be classified into shorter recovery periods for quicker depreciation. The Tax Cuts and
Julio Gonzalez Founder and CEO of Engineered Tax Services regularly joins BoldTV every month to discuss tax deductions, tax tips, and tax reform topics. This week Julio joins hosts David Grasso, and Nicole Saphier to discuss is it too early to tell if the Trump administration’s tax cuts are benefiting Americans. Is the recent tax
At Engineered Tax Services, not only are we on top of the cost segregation industry from a technical engineering and accounting standpoint, but also from a legislative perspective as well. Recent tax reform has brought on significant changes impacting our real estate clients and the benefits they receive from performing a cost segregation study. Below
One of the top tax writers in the House of Representatives has now confirmed that the Trump administration is working alongside them to create tax reform phase two. House Ways and Means Committee Chairman, Kevin Brady, R. Tex, spoke about his thoughts for tax reform phase two with expert and CEO of Engineered Tax Services,
The “Omnibus Appropriations Bill” was just reported by the United States Chamber of Commerce this morning. You can find the whole bill on the House Rules Committee website here. The revenue provisions are contained in Division T (p. 2033) (“grain glitch” fix) and the tax technical corrections are contained in Division U (p. 2056) (corrections
Tax expert and CEO of Engineered Tax Services will guide leaders in the South Florida real estate community through tax reform’s impacts. This is an exclusive presentation hosted by Douglas Elliman Development Marketing. Julio is a trusted member of the Forbes Finance Council and an expert on real estate investing. “I look forward to sharing
The Senate’s version of the bill led to an uproar from many businesses. Corporations almost lost one of the most significant tax credits available to them through tax reform. The R&D Tax Credit which has been in place for decades and finally made permanent years ago, was narrowly saved last month in the tax reform
Tax reform is at the home stretch as Politico’s description appearing below nicely summarizes. The United States Chamber of Commerce has engaged very effectively on a wide range of issues in both the House and Senate bills and they have provided below a list of summarized information from last week’s action. State of Play from
This Wednesday, June 7, 2017, tax reform expert, Julio Gonzalez, will attend The Latino Coalition’s (TLC) panel in Washington, D.C., regarding tax reform. The panel is titled: “Why do we need Tax Reform: how will it affect Industry and Small Business”. It will be led by moderator, Hector Barreto, who is the chairman/CEO of TLC.
Provided by Real Estate Roundtable The tax reform blueprint was published today, June 24th, and represents the House Republican Conference’s vision for comprehensive tax reform, prior to negotiations with the Senate or the White House. Heading into the November election, it is meant to provide the public with a clear understanding of how Speaker Ryan,