Tax Methods Resources & Articles
Navigating the incredibly unforgiving landscape of Tangible Property Regulations can be a challenging for tax experts and regulators alike. Join us while we break down the individual nuances of the various Tangible Property Regulations. We also provide real world case studies illustrating how our tax experts save our clients thousands of dollars. We encourage you to explore our library of articles to broaden your understanding of the overall process from partial asset disposition to cost segregation studies. Tax regulations are always evolving and our experts are here to help. Do not hesitate to contact us to discover what we can save you and your business.
Implementing your TPTM Cost Segregation Study
Step-by-Step Guide to Implementing Your TPTM Cost Segregation Study on Your Tax Return Congratulations on completing your cost segregation study with TPTM! Now, let’s make sure you benefit from your study by properly applying the findings to your tax return. Here's...
Cost Segregation and Land Value Considerations
In order to calculate depreciation for income tax purposes, taxpayers must use the correct method (ex: straight-line, accelerated) and proper recovery period (i.e. depreciable life) for each asset or property owned. Real property, whether purchased or constructed,...
02/20/2024 Overlooked Tax Deductions for Building Improvements, Repairs or Renovations
Join Us February 20 @ 1:00pm For A Free Educational Webinar: Overlooked Tax Deductions for Building Improvements, Repairs or Renovations.Presented By:Eric P. Wallace, CPACPA of CounselDiscussion will include: How a Tax Segregation Study will assign a value to the cost...
The Continuing Evolution of Bonus Depreciation – TCJA Changes to Section 168 of 2017 and Potential Changes of 2024
What is Bonus Depreciation and How Does it Apply to Buildings? Bonus depreciation is a legislatively enacted tax incentive designed to stimulate business investment by allowing companies to accelerate the depreciation of qualifying assets rather than write them off...