Tax laws and regulations are constantly changing, and it can be difficult to keep up with it all. In this blog, CSSI experts share their insights around the most relevant issues and developments impacting your tax situation.
In the competitive world of architecture, firms are constantly pushing the boundaries of design, sustainability, and technology. What many architecture professionals don’t realize is that their everyday innovations may qualify for valuable federal and state Research and Development (R&D) Tax Credits. They significantly reduce tax liabilities and free up cash flow; therefore, allowing architecture firms […]
Read More
When it comes to managing commercial real estate investments, property owners are always on the lookout for strategies that enhance their financial performance. One such strategy gaining considerable attention is cost segregation studies. “As we’ve seen with our clients time and time again, this tax planning tool helps property owners optimize their depreciation schedules and […]
Read More
Commercial real estate owners have two powerful tools to accelerate deductions when they renovate or refresh a building. Partial Asset Disposition (PAD) lets you write off the remaining basis of components you remove. Qualified Improvement Property (QIP) lets you rapidly expense many interior remodel costs. Used together, and guided by an engineering-based cost segregation study, […]
Read More
When it comes to maximizing your business tax strategy, the Research and Development (R&D) Tax Credit is one of the most underutilized tools available. At the heart of claiming this valuable credit lies IRS Form 6765. But what exactly is this form, who should use it, and how can it significantly benefit your business? What […]
Read MoreHave a question or need assistance? One of our team members will be in touch within the next business day.
