Changing to ADS Recovery Period for Residential Rental Property with a 163(j) Election

04/23/2021
Changing to ADS Recovery Period for Residential Rental Property with a 163(j) Election

Overview Treasury and the IRS are contemplating additional procedural guidance that will assist taxpayers with compliance related to the ADS recovery period change for residential rental property. This is required under the Tax Cuts and Jobs Act (TCJA) when Real Property Trades or Businesses (RPTOBs) make the election under 163(j) to avoid interest expect limitations. … Read More

[PRESS RELEASE] KBKG Welcomes Two New Directors to Atlanta-Based Operation

02/23/2021
[PRESS RELEASE] KBKG Welcomes Two New Directors to Atlanta-Based Operation

Atlanta, Georgia – Nationwide tax specialty firm KBKG hired two new Directors, Amar Patel and Ian Williams, as part of their Southeast practice. Both Directors join KBKG with over 25 years of combined experience in Cost Segregation and Research & Development Tax Credits, two key services offered by the firm to CPAs and businesses. As … Read More