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Accelerate Depreciation Deduction by Engaging in a Cost Segregation Study
If your business currently or historically acquires, constructs, or substantially improves buildings, it may be pertinent for you to consider engaging in a cost segregation study. By combining accounting and engineering techniques, these studies identify [...]
Post-TCJA Year-End Tax Planning for Businesses
Many businesses struggled with uncertainty this past tax-filing season as the newly-passed Tax Cuts and Jobs Act (TCJA) had significant changes for their bottom lines. With the upcoming tax filing season right around the corner, [...]
Commercial Real Estate Owners: Be Sensitive to How the New Lease Accounting Standard Will Affect Tenants
A huge sigh of relief could be heard when the Financial Accounting Standards Board (FASB) voted to approve a one-year deferral of the effective date of the new lease accounting standard for nonpublic companies. The [...]