by Krystal Kowall, CPA | Real Estate, Valuations
In Summary Determining a commercial real estate company’s value requires a combined approach using the income approach (capitalizing Net Operating Income, or NOI), the sales comparison approach (checking against comparable sales), and the cost approach...
by Krystal Kowall, CPA | Real Estate
In Summary The Section 179D tax deduction, or energy efficient commercial building deduction, encourages constructing and renovating commercial buildings to achieve significant energy savings. Qualifying properties must demonstrate at least a 25% reduction in energy...
by Krystal Kowall, CPA | Construction, Healthcare, Manufacturing, Oil & gas, Real Estate, Tax
In Summary Expansion of the Employee Plan Compliance Resolution System (EPCRS), effective immediately upon enactment, permits employers to self-correct a wider array of eligible inadvertent plan errors without IRS disclosure, including certain plan loan failures....
by Mike Dowd | Real Estate, Tax
In Summary A cost segregation study offers a reliable tax-saving strategy for commercial real estate owners by accelerating depreciation deductions. Assets like electrical systems and parking lots are reclassified for shorter depreciation periods (15 years) compared...