What You Need to Know About Employee Retention Credits and Government Shutdown Orders

05/07/2021

As featured in Accounting Today The Employee Retention Tax Credit has been a welcome lifeline to many struggling businesses and those most significantly impacted by the economic uncertainty around the COVID-19 pandemic. The ERTC, similar to the PPP loan, has helped support small businesses through a refundable credit associated with employee retention. The original ERTC … Read More

KBKG Tax Insight: Guide to Expensing HVAC Costs

04/19/2021

As featured in AICPA Tax Adviser – April 15, 2021 Heating, ventilation, and air conditioning (“HVAC”) replacement costs can be significant expenses for businesses that own or lease real estate. This guide is intended to help tax practitioners distinguish between deductible repairs and more extensive work that must be capitalized. Each year, tax professionals who … Read More

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

02/23/2021

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

KBKG Tax Insight: Biden Will Have to Deal With Tax Revenue Shortfall From COVID-19

02/11/2021

As featured in Accounting Today When Joe Biden was inaugurated last month, he assumed all the responsibilities of the American presidency, including tax policy decisions. With the advantage of a Democratic majority in both houses of Congress, his administration will probably pursue tax policy options to raise revenues to offset the deficit attributable to the … Read More

[PRESS RELEASE] KBKG Welcomes Three New Principals to Their Cost Segregation and Research & Development Tax Credit Services

02/10/2021

PASADENA, CA, – Nationwide tax specialty firm KBKG promoted Eddie Price to Principal of Cost Segregation Services, as well as Paul McVoy and Jonathan Tucker to Principals of Research & Development Tax Credit Services. Eddie Price leads KBKG’s Cost Segregation practice and oversees KBKG’s Southern region and its Texas-based operations. He is a Certified Cost … Read More

Featured Speaker – Strafford Webinar

10/05/2020

We are pleased to announce that our Principals, Gian Pazzia will be speaking in an upcoming Strafford live webinar, “Recent IRS Guidance for Qualified Improvement Property: IRC 168(k) Bonus Depreciation, Form 3115” scheduled for Wednesday, November 4, 1:00pm-2:50pm EST. This webinar will provide tax professionals and businesses guidance on navigating the recent IRS rules for … Read More

KBKG Tax Insight: R&D Studies Can Make Audits Easier and the Credits More Sustainable

04/28/2020

As featured in Accounting Today Internal Revenue Service examinations of the research tax credit can burden both the client and the IRS. Throughout most of its decades-long history, research credit audits have exposed areas of misunderstanding and, in many circumstances, led to major disagreements. There is little “bright line” guidance, and each examiner must consider … Read More

KBKG Tax Insight: Opportunity Zones and Cost Segregation

04/27/2020

As Featured in Accounting Today Opportunity Zones are garnering increased interest across the country. Taxpayers who meet the requirements for investing in an Opportunity Zone can potentially take advantage of increased depreciation deductions through cost segregation, further decreasing their tax liability. KBKG Insight: There is an opportunity to take advantage of cost segregation for certain … Read More