KBKG Tax Insight: Congressional Letter Urges Year End Clean Energy Tax Policies

10/31/2019

Yesterday, a letter signed by over 70% of House Democrats was delivered to Speaker Nancy Pelosi and House Majority Leader Steny Hoyer urging them to prioritize the inclusion of clean energy tax policies in negotiations around must-pass legislation this year. As the House Ways and Means Committee takes action on a clean energy tax package, … Read More

KBKG Texas Office Helps to Restore Homes with 6 Stones

10/29/2019

On October 18, 2019, Eddie Price and our Texas team participated in the 6 Stones Community Powered Revitalization (CPR) fall event. 6 Stones is building a coalition of churches, businesses and others that provides solutions to meet the needs of our communities. Twice each year, they hold a CPR event to help homeowners who are … Read More

Winston Shurtz, CCSP – Newest Certified Member of the ASCSP

10/08/2019

Winston Shurtz, Senior Engineer in KBKG’s Cost Segregation Consulting practice in the Southeast, recently passed the ASCSP Certified exam. The identification of Certified Cost Segregation Professional (CCSP) is the highest credential in the cost segregation industry. Winston is the 8th member within our firm with the CCSP designation. “We are extremely proud of Winston for … Read More

[PRESS RELEASE] KBKG Tax Specialty Firm Hires Alex Martin to Lead New Transfer Pricing Practice for Cross-border Businesses

10/07/2019

Pasadena, California—October 7, 2019—Nationwide tax specialty firm KBKG announced the hiring of Alex Martin as Principal and leader of the firm’s new Transfer Pricing practice. Alex comes with over 22 years of full-time, international transfer pricing experience working in Washington, D.C.; Melbourne, Australia; and Detroit, Michigan where he resides currently. Transfer pricing is the cross-border … Read More

KBKG Tax Insight: Final Regulations and New Proposed Regulations for Additional First-Year Depreciation Deduction

09/17/2019

On September 13, 2019, the IRS and Treasury finalized first-year bonus regulations (REG-104397-18). In tandem, they issued additional proposed regs (REG-106808-19) for bonus nuances. Here are a few highlights: Final Regulations: Qualified Improvement Property (QIP) – 2018 and beyond: The IRS and Treasury denied 15-year treatment with the explanation which stated that, in order to … Read More

Tax Tip for Small Businesses: The Benefit of Bonus Depreciation

05/08/2019

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