Cost segregation is a valuable tax strategy that can lead to significant tax savings for real estate owners and investors. It involves breaking down a building into...
For the first time in many years, the Internal Revenue Service issued a revised Cost Segregation Audit Technique Guide to assist its Revenue Agents and Field Agents in...
On April 7th, the IRS informed taxpayers and tax practitioners that it has issued a revised Form 3115, Application for Change in Accounting Method, and its...
The research and development (R&D) tax credit is a valuable tool for incentivizing innovation and research in many industries, including the beer and wine industry....
Self-storage facilities have become increasingly popular over the past few decades, as people look for ways to store their belongings without having to worry about...
Effective January 1st of 2022, as outlined in the Tax Cuts & Jobs Act of 2017, taxpayers can no longer fully deduct their R&D expenses in the year in which they are...
Cost segregation is a powerful tax strategy with the potential to save property owners a significant amount of money. Hiring a team to evaluate your property and...
Numerous business tax incentives are available to taxpayers for the achievement of economic goals. In general, these tax incentives are combined into one ‘general...
With the increased popularity of wineries, advancements lead to more tax savings
Vineyards and wineries have been in existence for thousands of years. Recently,...
Ready to explore specialty tax savings opportunities? Schedule a consultation with Veritax founder and CEO Chris Ostler today.
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