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 MoreNew York recently issued guidance removing the reporting requirement for LLCs formed in New York. Learn about the changes and new requirements.
Read MoreIn October 2025, the U.S. Treasury and IRS published proposed regulations that could encourage foreign investment in the real estate market. REITs should assess the impact.
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 MoreThis comprehensive guide breaks down the critical audit requirements REIT executives, CFOs and compliance officers need to master to help ensure seamless SEC audit compliance and readiness.
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 MoreExplore the top IRS private letter rulings in 2025 that are shaping REIT tax planning, offering insight into IRS positions and helping advisers navigate compliance for REITs.
Read MoreAs 2025 draws to a close, REITs and real estate funds face a critical window for tax planning, compliance and strategic decision making. Optimize your year-end actions and prepare for 2026.
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 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 MoreQ2 saw important shifts in the office, retail, industrial and multi-family sectors. Key developments from the OBBBA will also impact the industry’s future trajectory.
Read MoreThe purchase of real estate is an exciting step for your business, but there are some key accounting considerations to address to ensure your financial records reflect the true economics of the deal. Properly recording the closing statement in your journal entries is one of them — and it...
Read MoreHonoring our firm’s decades-long tradition, I was fortunate to serve as editor of the 2025 August Tax Clinic edition of the AICPA’s Tax Adviser. Each year we author articles that focus on high-complexity, high-impact areas of the tax code to help clarify these technical topics for the...
Read MoreThe accounting infrastructure you have can make or break your next project. Discover the most common GAAP accounting challenges in renewable energy and how to overcome them.
Read MoreBonus depreciation under the One Big Beautiful Bill Act can provide meaningful benefits for U.S.-based manufacturers. Learn how to take advantage of the provision.
Read MoreUnderstanding the tax considerations for Real Estate Investment Trust (REIT) roll-ups and initial public offerings (IPOs) is crucial for maximizing investor returns and ensuring regulatory compliance.
Read MoreOBBBA imposes five key provisions set to reshape tax strategies for high-net-worth individuals. Understanding the implications is extremely important.
Read MorePosted by Jon Williamson and Stephen FisherOn July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, altering the tax landscape for the near and long-term. Much like the 2017 Tax Cuts and Jobs Act (TCJA), the impact of the OBBBA is dependent on each taxpayer’s...
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