Tangible Property Regulation Compliance for Every Commercial Property Owner in America
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.
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
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
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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 …
According to IRS Publication 946, you begin depreciating your property when you place it in service for its intended use and use …