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Tangible Property Regulation Compliance for Every Commercial Property Owner in America


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Change doesn’t have to be difficult

Tangible Property Regulation Studies

Removes previously capitalized expenditures that under new guidance must be expensed.

Cost Segregation Studies

Reclassifies building components into shorter depreciable lives for a reduction in income and a tax deferral.

Revenue Recognition Tax Deferrals

We create a sizeable ongoing tax deferral for qualifying service providers including construction contractors.


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About Us

Trusted Professionals

Tangible Property Tax Methods, LLC is the first company of its kind—a firm of topnotch professionals rooted solely in complex tax method changes. You can rest assured that your TPR studies will be calculated and implemented to perfection. Achieving TPR compliance is a complex process. Trusting an expert is crucial.

America’s number one educator in the Tangible Property Regulations, Eric P. Wallace, has developed solutions for CPA firms, cost segregation providers, and commercial property owners.

Why Choose Us?

Since 2013, the CPA community has been seeking expert resource partners who understand the complex laws surrounding building depreciation. Not just experts in segregating components of commercial buildings, but those who know the intricacies required for a correct TPR study that the IRS will not overturn. TPTM is that partner.

Passion & Commitment
Honesty & Openness
Dedicated Team
Practical Approach

The Tangible Property Regulations are Not Optional.

The final regulations apply to anyone who pays or incurs to acquire, produce, or improve tangible real or personal property. They are law, and all taxpayers with tangible property have been required to follow the regulations for tax years beginning on 1/1/2014. Compliance can be advantageous as the regulations can be very taxpayer-friendly.

If the taxpayer is out of compliance, the IRS could deny all past, current, and future depreciation.

Eric P. Wallace, CPA

Blog



Example of Capital Budgeting Process



February 9, 2023

Capital Budgeting

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Capital budgeting is planning capital expenditures and evaluating and selecting the best paths to follow from various alternatives. The capital budgeting process …



How to File a Tax Method Change to take advantage of the Tangible Property Regulations



February 2, 2023

Method Change, The Tangible Property Regulations

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When and how do you change a method of accounting to use the final tangibles regulations? Under the Internal Revenue Code, a …


Depreciation


When Does Depreciation Begin and End?



January 25, 2023

Depreciation

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According to IRS Publication 946, you begin depreciating your property when you place it in service for its intended use and use …


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