“I would highly recommend KBKG for their cost segregation studies. It is a little hard when someone brings a proposal to you that says you are going to be able to save hundreds of thousands of dollars and be able to not worry about it being too good to be true. I was a little worried at first but because of their communication and patience and ability to make the complex understandable I was able to understand how it was possible. They executed on the projections and I am happy to say we did save as promised. The value delivered far exceeds the cost of the studies.”
Gary Archer – Let’s Play Sports, Inc.
“We used KBKG for two cost segregation studies and they were very easy to work with and helped us significantly accelerate our depreciation on the two apartment communities. Their team required very little of our time to conduct the studies and the process was could not have been smoother and more painless. I recommend KBKG for your cost segregation needs.”
Sam Bates, Managing Partner – Trinity Capital Group
“Several of my real estate clients decided to obtain cost segregation for their existing projects. My experience with KBKG was exceptional. From the original quote process to the finished project the KBKG staff that I encountered were very professional and highly trained encountered. I am now recommending your firm to all my clients and will also obtain more information regarding your other tax saving strategies such as research & development credits and IC-DISC planning.”
Donald Winkler, Partner – Weil & Company LLP“Under audit, the IRS had 3 of their engineers thoroughly review KBKG’s analysis and came back with no adjustments!”
New Manufacturing Facility
$25M Reclassified to Personal Property
“We’ve been using KBKG’s services for about 5 years which has made an enormous difference in our ability to retain earnings and deploy cash for our growth. Most recently, they successfully guided us through a California Competes credit designed to retain firms in California.”
Michael Reilly, VP of Business Development – Integrity Bio Inc.
“We are CPAs and have referred KBKG to several clients over many years both for research and development studies and cost segregation studies. The clients have been very happy (to say the least) with the tax benefits from the studies but even more impressed with the professionalism of the KBKG staff. Not only did the staff conduct the studies but they educated the clients in how to magnify the benefits of the studies in the future by changing record keeping or documentation. KBKG’s estimate of the results of the studies was exceeded by the actual results.”
Kenneth Weiss, Partner – Weiss & Company“KBKG was very professional to work with and their estimate of total savings on my taxes was accurate. I appreciate all their detailed work, and completion ahead of projected deadline.”
Charles Bobo, Owner – Flesh & Soul Enterprises, LLC
“How often do you hear, ‘I LOVE MY COST SEGREGATION STUDY!’?
Well, I love both of the studies that you and everyone at KBKG did for me last year. I’m a fan of KBKG.”
Steve Levitt
https://www.thesterlingparkapts.com/
“KBKG helped us qualify for significantly more tax credits than we would have received. When our initial energy analysis was performed, most of our units did not qualify but were very close. KBKG’s energy consultants worked with our development team and made very cost effective recommendations to increase energy efficiency. After we implemented those suggestions, they found that the majority of our units now qualify, and the benefits are substantial.”
Judit Vass, CPA, Senior Development Controller – Continental Real Estate Companies
“We would recommend KBKG to anyone needing their services. They are truly experts at what they do. They are responsive and always deliver promptly.”
Monique von Lutzow, Director of Tax – Sares-Regis Group
“Since our initial engagement with KBKG was a success, we now engage them to review our fixed asset reporting annually.”
Big 5 Sporting Goods Corporation
KBKG Tax Insight: The Impact of TCJA on Cost Segregation & Like-Kind Exchange
Like-kind exchange has been a popular tax deferral tool for decades. Under IRC 1031, a taxpayer can defer tax on gain from the sale of a business or investment property if it is exchanged for like-kind property. Real property is generally like-kind to all real property while personal property has slightly more stringent requirements. In … Read More
Press Release: KBKG Names Lester Cook, CCSP Principal
Chicago, Illinois – February 7, 2019 – Nationwide tax specialty firm KBKG recently promoted industry veteran Lester Cook to Principal. Lester leads the firm’s Midwest practice, including a team of engineers and specialists based out of the firm’s Chicago office. Lester joins nine other principals on KBKG’s leadership team. His primary areas of focus are … Read More
Press Release: KBKG Names John W. Hanning, CCSP Principal
Atlanta, Georgia – February 7, 2019 – Nationwide tax specialty firm KBKG recently promoted area resident John W. Hanning to Principal. John leads the firm’s Southeast practice, including a team of engineers and specialists based out of KBKG’s Atlanta office. John joins nine other principals on KBKG’s leadership team. John’s primary responsibilities include servicing capital … Read More
KBKG Tax Insight: R&D Tax Credits – Protective 280C(c)(3) Elections
Calculating and documenting the Internal Revenue Code Section 41 Credit for Increasing Research Activities (“Research Credit” or “R&D Credit”) is an intricate and often burdensome undertaking. This process is complicated during the throes of busy season. Fortunately, the Internal Revenue Service (“IRS”) has afforded taxpayers additional time to claim a R&D credit via making a … Read More
Tax Reform Makes it Easier to Generate Deductions with Cost Segregation
In 2018, the tax reform changes made cost segregation studies more valuable than before. Under the new law, any building components with a tax recovery period of 20 years or less, are eligible for 100% Bonus Depreciation. Historically, bonus depreciation only applied to newly constructed property, but now it’s available for any acquired property. These … Read More
Impact of the Government Shutdown on Real Estate Tax Policy
The longest government shutdown in U.S. history is creating more uncertainty for the current and future tax landscape. As the border wall standoff delays guidance necessary to properly implement tax reform, taxpayers are left wondering how to timely file their 2018 tax returns without ultimately having to amend down the road. Congress currently hasn’t been … Read More
Own a Start-up or Small Business? You May Qualify for Federal Research Credits.
Billions of dollars worth of research credits go unclaimed every year in the United States. This is primarily due to many taxpayers not being aware of the credit or not quite understanding it. In addition, when a reference is made to research and development (“R&D”), taxpayers often think about lab coats and test tubes. In … Read More
KBKG Tax Insight: Now’s the Time to Request Your Cost Segregation Studies
Are you or your clients interested in performing a cost segregation study as we look toward 2018 tax filing deadlines? If so, now is the time to get started to meet the March 15th tax deadline. KBKG is committed to timely work, and we are starting to get busy with Cost Segregation projects. Help us … Read More