Recent IRS guidance on eligibility of 100% bonus depreciation under the OBBBA proves eligibility for full expensing in 2025 and even 2026 is subject to critical timing requirements.
Read MoreCapitalization of costs, interest capitalization and impairment testing are important in real estate accounting, but so are broader issues that can elevate financial reporting to a strategic asset.
Read MoreThe California Franchise Tax Board has new rules for market-based sourcing for sales of items other than tangible personal property, for tax years 2026 tax years and later.
Read MoreNew York recently issued guidance removing the reporting requirement for LLCs formed in New York. Learn about the changes and new requirements.
Read MoreThe ruling in Sirius Solutions LLLP v. Commissioner could result in significant tax savings for service partnerships, fund managers and professional firms operating through limited partnerships.
Read MoreLearn about two new capital gain deductions available to qualifying business owners and investors that sell ownership interest in an Ohio business in 2026.
Read MoreBe aware of the accounting standards shifting from "future considerations" to "current reality." Make sure you’re ready for the key FASB standards that became effective during 2025.
Read MorePrivate companies must implement ASU 2023-09 beginning with financial statements for the 2026 year. Know the potential impact on your business.
Read MoreAccurate real estate appraisals play a crucial role in estate planning, particularly when it comes to navigating the complexities of estate and gift tax returns.
Read MoreWhile bonus depreciation and Section 179 expense may seem interchangeable after the OBBBA, be aware of an important difference in how each provision impacts allowed interest expense under Sec. 163(j).
Read MoreDiscover whether year-end physical inventory counts or ongoing cycle counts best support accurate reporting and audit readiness for your business.
Read MoreWith year-end approaching, it's time for businesses to proactively plan for and execute on tax opportunities to help ease their 2025 tax burden. New this year is the One Big Beautiful Bill Act (OBBBA), which contains numerous tax law extensions as well as new provisions that may be impactful....
Read MoreMinimizing taxes is an ongoing challenge for individual taxpayers, and, as year-end approaches, that goal becomes even more critical. There are numerous options within the tax code to help reduce your individual tax burden. To accomplish this, you must evaluate your overall tax situation and...
Read MoreExplore the eligibility of Sec. 743(b) for bonus depreciation, the regulatory framework permitting its limited usage and practical considerations.
Read MoreLearn about FEOC requirements, Beginning of Construction (BOC) thresholds, and tax considerations for alternative financing and investing structures.
Read MoreCharitable remainder trusts and charitable lead trusts are two options that can help you achieve your goals while still allowing you to take the related income tax deduction.
Read MoreWhy would a tech start-up conduct a financial statement audit before it’s even required? There are many long-term benefits to consider.
Read MoreTokenized assets are here to stay. Learn what investment advisers and capital allocators need to know when deciding if investing in tokenized assets is the right fit.
Read MoreLearn more about key provisions in the GENIUS Act and on which particular items the Treasury is seeking comments.
Read MoreMany are disappointed in the “sleepy” volume of market transactions in 2025, despite early optimism. Will transactions heat up in Q4 and beyond?
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