C P A P R O S P E C T A C Q U I R E D $6 , 400 ,000 O F F I C E B U I L D I N G.
The owner did $800,000 in renovations, some which were energy efficient.
The tax benefit in additional one-year tax deductions for CPA's newest client were:
Cost Segregation: $1,435,000
179D/Energy: $68,000
162 Retirement: $87,555
263a Repair & Maintenance: $288,127For a total of benefit of: $1,878,682.00
The power of combining all the favorable tax incentives is powerful for property owners
The Employee Retention Tax Credit (ERTC) is a tax credit offered by the federal government to assist businesses in retaining their employees during economic hardships. This credit was introduced in 2020 as a response to the COVID-19 pandemic and has been extended until the last quarter of 2021.
As an office building owner, navigating the complex world of taxes can be a daunting task. With commercial properties subject to a variety of tax rules and regulations, it’s easy to get lost in the details and lose sight of your bottom line. That’s where cost segregation comes in.
Introduction As we enter Women’s History Month and celebrate International Women’s Day on March 8th, Engineered Advisory is proud to recognize the many phenomenal women who are part of our community. As a predominantly women-led organization, we value diversity in leadership. From executives to team members, we firmly believe that a diverse leadership team fosters