Senate introduces bill to repeal the TCJA 174 R&D Amortization Requirement
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...
Common Questions About Cost Segregation as a Tax Strategy
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...
Lower Your Effective Tax Rates with Specialty Tax Incentives
Numerous business tax incentives are available to taxpayers for the achievement of economic goals. In general, these tax incentives are combined into one ‘general...
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,...
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;
- ...
A. Chris Ostler, CPA
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