Wineries Experience Major Benefits From Cost Segregation
With the increased popularity of wineries, advancements lead to more tax savings
Vineyards and wineries have been in existence for thousands of years. Recently,...
Posts by:
A. Chris Ostler CPA
IRS Practice & Procedure Alert: New R&D Capitalization Requirements in Effect for 2022, whether claiming the R&D Tax Credit or not!
For tax years beginning after Dec. 31, 2021, a provision change from the Tax Cuts and Jobs Act of 2017 has taken effect by modifying I.R.C. § 174 and consequently...
Tax Saving Strategies for Hotel Owners
Using Cost Segregation for a Cash Infusion to Reinvest in Your Hotel
Running a successful hotel isn’t as simple as buying a property and renting rooms – although to the...
The Blackbox Guide to Demystifying Regular Depreciation and Bonus Depreciation
Cost Segregation is a highly advantageous tax planning strategy that allows companies and individuals alike who have either constructed, purchased, inherited, expanded...
The Black Box for Deciphering 2022 R&D Tax Credit Claims
Taxpayers claiming Federal-level R&D tax credit claims have always found it to be a very onerous and arduous task ever since the inception of this incentive into the...
Cost Segregation for your Rental Property: Demystifying Tax Benefits for Residential Rentals
Residential real estate probably is not the first property type to come to mind when discussing cost segregation. In fact, there are many misconceptions that exist...
R&D Tax Credits for the Food Sciences and Bio-Flavoring Industry
The food sciences and bio-flavoring industry continues to invest on a large scale every year to develop healthier food choices that contain:
- No Trans Fat;
- No MSG;
- ...
Use the R&D Credit to Offset Payroll Taxes – Even if you Aren’t Yet Profitable
The R&D credit program was permanently extended as part of the Protecting Americans from Tax Hikes Act of 2015. It contains many significant enhancements starting in...
The CHIPS Act Ushers in Next-Level Manufacturing Tax Credits
On August 9th, President Biden signed into law the CHIPS Act of 2022 offering billions of dollars in grants and a generous income tax credit to jump-start semiconductor...
Federal Tax Alert: The IRS Updates Transition Period for the R&D Tax Credit
On Friday, September 30th, the IRS announced that the transition period during which taxpayers are provided 45 days to cure a R&D tax credit claim for refund under Sec....
A. Chris Ostler, CPA
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