Partial Disposition Election for Buildings Being Targeted by IRS

06/18/2018

Recently, the IRS Large Business and International division highlighted five issues that it will be targeting in its “compliance campaign” audit strategy this year. One of the issues on its radar is the partial disposition election for buildings and its structural components. Treasury Regulations provide guidelines for recognizing gain or loss on the disposition of … Read More

KBKG Tax Insight: R&D Credit Opportunity – Improving an Existing Product

06/11/2018

Businesses who are creating a brand-new product may be aware that the expenses associated with the cost of developing the prototype, or first article, of that product can qualify for the Research & Development (R&D) tax credit1. Qualifying expenses can include employee wages, materials used in the construction of the prototype and any third-party contractors … Read More

Bill Reeb, Kip Dellinger, and Michael Platt Join KBKG’s Newly Formed Advisory Board

05/20/2018

KBKG is proud to announce the addition of their prestigious advisory board formed earlier this year. KBKG’s advisory board members are comprised of trusted leaders in the industry known for being changemakers in their career and community. As advocates and ambassadors of KBKG, the board supports the executive and management teams through strategic analysis and … Read More

KBKG Tax Insight: 179D Energy Efficiency Deductions Extended through 2017

04/03/2018

The 179D energy efficiency tax deduction has been extended retroactively for improvements completed by the end of 2017. This financial incentive is geared towards: 1) building owners (commercial or multifamily), 2) tenants making improvements, and 3) architects, engineers, and other designers of government buildings. The tax deduction is worth up to $1.80 per square foot … Read More

KBKG Atlanta to Host Grand Opening Celebration Post Tax Deadline

03/21/2018

ATLANTA, March 21, 2018 – KBKG, nationwide tax credits, incentives, and cost recovery firm, announced the opening of its southeast office earlier this year. The new location, situated in Alpharetta, Georgia, is just north of the perimeter in Atlanta. To celebrate, the Atlanta-based team is hosting a grand opening event on Thursday, April 26, 2018. … Read More

KBKG is Excited to Welcome Chad Niehaus to Our Atlanta Office

03/15/2018

We are very pleased to announce that Chad Niehaus has joined KBKG as a Regional Director in our Atlanta office. Chad will be developing new business opportunities and creating customized solutions to meet our clients’ needs. Prior to joining KBKG, Chad worked in the Human Capital Management industry, where his focus was on improving efficiencies … Read More

KBKG Tax Insight: IRS Penalizes Cost Segregation Provider for Aiding and Abetting

03/06/2018

Tax preparers and their clients often cannot recognize quality differences among cost segregation service providers, leading to buying decisions based on who proposes the lowest fee or promises the highest tax benefit. However, the real test of quality is how the cost segregation results stand up in an IRS audit. What are the consequences of … Read More

Tax Insight: How to Co-ordinate Cost Segregation with Like-kind Exchange

01/23/2018

The Tax Cuts and Jobs Act (TCJA) was signed by the President on December 22, 2017. The TCJA is the most significant overhaul of Internal Revenue Tax code since the 1986 Tax Act under President Reagan. The Committee Report has over a thousand pages of modifications to many areas of the tax code. One piece … Read More