Proposed Changes to Form 6765: Enhancing R&D Tax Credits Thought Leadership by Kevin Zolriasatain | Principal, Research & Development Tax Credits Staying informed about regulatory updates is vital for tax professionals, especially when it comes to Research and Development (R&D) tax credits. The Internal Revenue Service (IRS) made a significant announcement on Friday, September 15th, unveiling … Read More
New Questions People Are Asking About ERC Thought Leadership by KBKG Originally published 5/1/2023, updated 10/10/2023 On September 14th, 2023, the IRS took the significant step of suspending the acceptance of new ERC claims until at least December 31st, 2023. This was in response to mounting concerns about the integrity of the Employee Retention Credit … Read More
Unlocking Hidden Value: The Power of Cost Segregation Studies Optimizing tax benefits and enhancing cash flow are pivotal to achieving financial success in finance and real estate. One strategy with significant potential is cost segregation. Dive into cost segregation basics, explore what a cost segregation study entails, understand its timing and relevance, and discover KBKG’s … Read More
KBKG’s ERC Guidance for CPAs and Tax Professionals Thought Leadership by KBKG Regarding the latest IRS rules and regulations on the Employee Retention Tax Credit program, it’s paramount for Certified Public Accountants (CPAs) and Tax Professionals to stay ahead of the curve. The Internal Revenue Service (IRS) recently introduced a moratorium on processing Employee Retention … Read More
Advice for Taxpayers About the ERC Moratorium Thought Leadership by Ian Williams, Director | KBKG The Employee Retention Tax Credit (ERC) is a complex tax credit created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020 to help businesses keep their employees on the payroll during the COVID-19 pandemic. The ERC is … Read More
Accelerate Deductions for Better Cash Flow With KBKG Tax professionals often face residential cost segregation challenges when dividing expenses for multi-unit properties. If this struggle sounds familiar, you might be missing the necessary tools and resources for a successful real estate cost segregation allocation. KBKG streamlines and simplifies the process with our Residential Cost Segregator® … Read More
KBKG’s Approach to Residential Cost Segregation Here at KBKG, we conduct in-depth cost segregation studies for a number of clients. Our studies can help you reduce your tax burden and save money. We realize that performing a residential cost segregation study can be intimidating, so we work closely with you every step of the way. … Read More
Can You Do Cost Segregation on Residential Rental Property? If you’re a real estate investor or property owner, you’ve probably heard about cost segregation and how it can help you maximize tax benefits. But can you do cost segregation on residential rental property? The answer is “yes.” Below, we explore how cost segregation works for … Read More
Navigating the New Phase of Employee Retention Credits (ERC) By Ian Williams, Director | Employee Retention Tax Credits KBKG As Certified Public Accountants (CPAs), staying current with tax regulations is a top priority. In recent times, the Employee Retention Credit (ERC) program has undergone significant changes. The Internal Revenue Service (IRS) Commissioner’s latest signals have … Read More
Why KBKG for Claiming 45L Credits Educating multifamily developers on tax credits for energy-efficient homes Working with a reputable and ethical tax consultant is essential for any multifamily home developer looking for ways to benefit from energy-efficient tax programs. As a trusted source of knowledge since 1999, KBKG’s expertise has helped affordable housing and other … Read More