BREAKING NEWS: Senate Finance Committee Launching Bipartisan Taskforces on Tax Extenders Including Green Building Tax Incentives
BREAKING NEWS: The Senate Finance Committee launched bipartisan taskforces to address tax extenders including the 45L tax credit and 179D tax deduction along with other temporary tax policy. This bipartisan effort is encouraging for the real estate industry and other industries that are still waiting on renewal of tax extenders, many of which expired at … Read More
Tax Tip for Small Businesses: The Benefit of Bonus Depreciation
In recognition of Small Business Week, here’s a quick tax tip to fuel your business: Bonus depreciation is a tax incentive that allows a business to immediately deduct a large percentage of the cost of an eligible asset instead of recovering the amount over the tax life of the asset. The Tax Cuts and Jobs … Read More
KBKG Sponsors Dallas CPA Convergence 2019
Eddie Price and Sabrina Turner represented KBKG at Dallas CPA Convergence on April 29, 2019. This annual conference offers informative sessions led by professionals in accounting and financial services industries. “We enjoyed connecting with old friends and meeting lots of new folks at Convergence 2019″ – Eddie Price Eddie Price and Sabrina Turner are part … Read More
Have a Fat Tax Bill? Have You Thought About the R&D Tax Credit?
Are you a business owner that is unhappy with your recent tax bill? If you have not explored it yet, the Research and Development (R&D) tax credit can provide significant benefits to your business’ bottom line. Chances are you could be missing out on a dollar-for-dollar reduction in your federal and state income tax liability. … Read More
KBKG to Sponsor Ag+Bio+Science Start-up Showcase in Indianapolis
On Tuesday, April 23rd, KBKG will sponsor the Ag+Bio+Science Start-Up Showcase presented by AgriNovus Indiana and FoundryX. The firm’s Midwest practice is led by firm Principal, Lester Cook, who will be onsite providing tax insights with Regional Director, Kyle Ernsberger. The 3rd annual event offers an opportunity for entrepreneurs leading innovative agbioscience start-ups to present … Read More
![[Free Webinar] Opportunity Zone Deals: Separating Facts from Fiction – May 21st](https://www.kbkg.com/wp-content/uploads/Free-Webinar-Opportunity-Zone-Deals_-Separating-Facts-from-Fiction-–-May-21st.jpg "[Free Webinar] Opportunity Zone Deals: Separating Facts from Fiction – May 21st")
[Free Webinar] Opportunity Zone Deals: Separating Facts from Fiction – May 21st
Are you confused about Opportunity Zone Funds? Join us for an interactive webinar on Tuesday, May 21st as we answer your questions and discuss the latest regulations and developments, real estate tax, fund structuring considerations to get deals funded and closed in today’s marketplace. To register for our new webinar, please click below. More about … Read More
Myth – Claiming R&D Tax Credit Increases the Likelihood of an IRS Audit
The Research & Development Tax Credit is a federal benefit (also available in many states) that was enacted to promote growth, innovation, and inspire advancements in all areas and facets of business. The credit is an undoubtedly beneficial incentive for businesses large and small. However, many companies are hesitant to take advantage of the credit … Read More
KBKG Tax Insight: The Impact of TCJA on Cost Segregation & Like-Kind Exchange
Reproduced with permission from Daily Tax Report, 62 DTR 12, 4/2/19. Copyright _ 2019 by The Bureau of National Affairs, Inc. (800-372-1033) https://news.bloombergtax.com/daily-tax-report/insight-tax-insight-the-impact-of-tcja-on-cost-segregation-and-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 … Read More
