Lester Cook and Kyle Ernsberger will be representing KBKG at Leading Edge Alliance’s Spring North American Conference from June 3rd to June 5th, 2019. Post update: Lester and Kyle posed with Baden, Gage & Schroeder LLC. Lester Cook and Kyle Ernsberger are part of our Chicago team. KBKG Chicago is passionate about helping business owners … Read More
Eddie Price and Ryan VanderVelden will represent KBKG at Tax Alliance Conference on June, 4th through 6th 2019. This annual conference offers informative sessions led by professionals in accounting and financial services industries. Post update: Eddie and Ryan at the Tax Alliance Conference Eddie Price and Ryan VanderVelden are part of our Dallas-Fort Worth team. … Read More
Update as of 5/23/2019: The House Ways and Means Committee is currently putting together a package to address tax extenders such as the 45L tax credit and 179D tax deduction. Currently, a markup on tax extenders is expected sometime in June. BREAKING NEWS from 5/15/2019: The Senate Finance Committee launched bipartisan taskforces to address tax … Read More
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
Eddie Price and Sabrina Turner are representing KBKG at Dallas CPA Convergence on April 29, 2019. This annual conference offers informative sessions led by professionals in accounting and financial services industries. Post update: “We enjoyed connecting with old friends and meeting lots of new folks at Convergence 2019″ – Eddie Price Eddie Price and Sabrina … Read More
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-1.jpg "[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
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
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
For the most up-to-date information on Qualified Improvement Property, see our latest post. Momentum may be building in Congress towards correcting a significant clerical error in the Tax Cuts and Jobs Act (TCJA). The error, known to some as the “retail glitch,” prevents investments in qualified improvement property (QIP) from qualifying for bonus depreciation. The … Read More