Cost segregation is the Internal Revenue Service’s approved method of reclassifying your commercial building from real property to personal property and, in the process, allowing…
The limited liability company (LLC) and limited liability partnership (LLP) business structures have their advantages. But, in years past, the IRS treated LLC and LLP…
The Tax Cuts and Jobs Act of 2017 (“TCJA”), signed into law on December 22, 2017, brought significant changes and tax reform, amending the Internal…
For some people, Roth IRAs can offer income and estate tax benefits that are preferable to those offered by traditional IRAs. However, it’s important to…
The Tax Cuts and Jobs Act (TCJA) significantly expands bonus depreciation under Section 168(k) of the Internal Revenue Code for both regular tax and alternative…
Many business owners also act as their own landlords. While owning one’s real estate can provide a sense of comfort, business owners are frequently at…
When you think about recent tax law changes and your business, you’re probably thinking about the new 20% pass-through deduction for qualified business income or…
The survey “The New World of Revenue Management,” conducted by the Institute of Management Accountants and cloud enterprise resource planning (ERP) provider FinancialForce, has been making waves across…
The Tax Cuts and Jobs Act (the “Act”) was passed by the House and Senate and signed by the President in December of 2017 with…
Construction companies often have to deal with large expenses, either for materials, tools, the use of vehicles or any potential business costs they may need…