For companies or real estate investors that recently purchased or constructed real estate for business purposes, there’s a compelling federal tax savings opportunity waiting. Unlike most incentives which only require the taxpayer to claim a credit for past activities on the annual return, a cost segregation study works differently. Rather
Cost Segregation Studies When the dust settles on your expensive new building project, or your purchase of an existing facility, your first thought may likely be, “How quickly can I recoup some of my investment?” Depreciation on real property (buildings) can last up to 39 years – so you won’t
https://www.youtube.com/watch?v=niSbVZD7Qiw Can’t watch the video? Get the transcript. A cost segregation study can accelerate depreciation on real estate investments by breaking the building down into components – and that frees up capital for other projects. Top real estate pros Scott Cress and Andre Williams show how.
Ensuring Job Functions are Segregated It’s estimated that workplace theft costs U.S. businesses $50 billion a year. No one wants to think about an employee stealing from their organization. After all, we trust them with our data, capital, and IP. But that staggering annual figure means internal theft can happen
The current bonus depreciation rule came into play under the Tax Cuts and Jobs Act (TCJA) in 2017. Under TCJA, qualified property placed in service between 2017 and 2022 can be fully deductible. After 2022, this deduction has gradually been phased down to 80% in 2023, 60% in 2024, and
A Fresh Perspective, a Clear Path to Profit To reach the top and stay there, your business has to keep improving. There are problems to solve. Processes to refine. When time is tight or you’re out of ideas, it just makes sense to add someone new to the conversation. Who
GET A PLAN AUDIT QUOTE Table of Contents Introduction to Benefit Plan Audits Type of Plans Requiring an Audit Regulatory & Legal Framework Understanding the Audit Process Preparing for First Plan Audit Common Issues & Errors Choosing the Right Auditor Plan Audit Cost Considerations Additional Resources Types of Plans
Leading construction industry consulting firm FMI recently released the results of its 2023 labor productivity study – a landmark look at trends shaping the industry. In exclusive virtual events in Cincinnati and Indianapolis, FMI Senior Consultant Michael Keller hit the highlights and took a deep dive into the details. What
First, the Big Picture In 2017, the Tax Cuts and Jobs Act (TCJA) made a significant change in a taxpayer’s ability to defer gain under the like-kind exchange rules of Code Section 1031 – including narrowing the applicability of section 1031 to an exchange of real property. That property had
With record-breaking participation and sharp insight into the region’s evolving labor and benefits landscape, the 2025 Manufacturing and Wholesale Distribution Compensation & Benefits Study provides a timely snapshot of how businesses are adapting and preparing for what’s ahead. Record participation, expanding reach This year’s study, presented by Barnes Dennig, Custom
The Inflation Reduction Act (IRA), signed into law by President Biden in August 2022, is designed to help fight inflation, increase investment in domestic manufacturing and energy production, lower prescription drug prices, and sharply reduce carbon emissions by 2030. It also included new and expanded tax incentives designed to reward
Deadline Extended to August 7, 2020 The Wholesale / Distribution Compensation, Benefits, and Benchmarking Study is officially open for participation, with new benefits and incentives for participants. This comprehensive study is conducted every other year and provides invaluable benchmarking metrics to regional companies that operate in the Wholesale/Distribution industry, helping