Contractors, Think Twice Before Reducing Your Bid
In today’s economic conditions, many contractors have decreased their bids in order to win work and pay their employees. However, price reduction is not always the answer. Contractors that decrease...
View ArticleHow Contractors Can Grow and Strengthen the Relationship with their Surety
In order for a contractor to grow a long-lasting relationship with a surety, it is essential to understand how the surety analyzes various factors related to the contractor and their ability to...
View ArticleEmployee Benefit Plan Fraud – Where to Look & What to Do
There are several areas of an employee benefit plan where employees or plan sponsors have the ability to commit fraud. The following are key areas where an employer should focus when reviewing their...
View Article2013 Potential Tax Changes for Contractors
With the presidential election set for less than a month away, there are still uncertainties surrounding taxes in 2013. Not only are people concerned from a business basis about the tax changes, but...
View ArticleCrowdfunding: The Next New Way to Invest in Real Estate
Historically, commercial real estate investment has been cumbersome for average investors and required a significant amount of money. Today, commercial real estate is primarily funded by pension or...
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Reducing the Headaches and Hassles of Buying and Selling Land
Developers, like everyone else, try to find ways to minimize their tax liability. Developers will often attempt to use related parties (typically a Limited Liability Company (LLC) and an S...
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The New IRS Repair and Maintenance Regulations Can Help You and Your Business
Effective September 19, 2013, the Internal Revenue Service (IRS) has finalized the regulations regarding the deduction and capitalization of expenditures related to tangible property (commonly referred...
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Three Simple Steps to Reduce Your 2014 Business Taxes
As we head into the final month of 2014, it’s a good time to make sure you are taking advantage of any tax-saving opportunities available to you. One of these potential savings applies to the IRS...
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Tangible Property Regulations: Expense it or Capitalize it?
In late 2013, the Internal Revenue Service (IRS) issued regulations regarding the deduction and capitalization of expenditures related to tangible property. These regulations, which took effect Jan. 1,...
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What is a CAM Audit?
Common Area Maintenance, or CAM, is the part of a commercial lease that should spell out what a tenant’s pro-rata share of the operating expenses incurred by the landlord is in the operation of the...
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How Individuals Can Take Tax Deductions for Rental Property
If you are the owner of rental property, are you taking full advantage of tax deductions that may be available to you under the tangible property regulations? Tangible property regulations, issued by...
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The Expansion of the R&D Tax Credit
The federal government implemented the Research and Experimentation tax credits in 1981 to create jobs and spur technology in the U.S. Known as R&D tax credits, the program was meant to be a...
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How to Qualify for R&D Tax Credits: The Four-Part Test
Once you know what the R&D tax credit is all about, how do you know if your activities are eligible? Meeting the Four-Part Test The R&D tax credit incentivizes certain research activities by...
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R&D Tax Credits: Qualifying Activities and Industries
Think about it—only one out of every 20 eligible businesses takes advantage of the R&D credit. That’s because many businesses don’t realize that their industry is ripe with eligible activities....
View ArticleReflections From the AICPA Real Estate and Construction Conference
Last month, a colleague and I attended the American Institute of Certified Public Accountants (AICPA) Real Estate and Construction Conference in Las Vegas. Although I don’t attend every year, I have...
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New Tax Proposals Reinforce Value of R&D Tax Credits
As the country awaits the outcome of tax reform proposals in Washington, several lawmakers have introduced legislation that would enhance the value of research and development (R&D) tax credits...
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How Individuals Can Take Tax Deductions for Rental Property
If you are the owner of rental property, are you taking full advantage of tax deductions that may be available to you under the tangible property regulations? Tangible property regulations, issued by...
View ArticleClik here to view.
The Expansion of the R&D Tax Credit
The federal government implemented the Research and Experimentation tax credits in 1981 to create jobs and spur technology in the U.S. Known as R&D tax credits, the program was meant to be a...
View ArticleClik here to view.
How to Qualify for R&D Tax Credits: The Four-Part Test
Once you know what the R&D tax credit is all about, how do you know if your activities are eligible? Meeting the Four-Part Test The R&D tax credit incentivizes certain research activities by...
View ArticleClik here to view.
R&D Tax Credits: Qualifying Activities and Industries
Think about it—only one out of every 20 eligible businesses takes advantage of the R&D credit. That’s because many businesses don’t realize that their industry is ripe with eligible activities....
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