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

Press Release: KBKG Names Lester Cook, CCSP Principal

02/07/2019

Chicago, Illinois – February 7, 2019 – Nationwide tax specialty firm KBKG recently promoted industry veteran Lester Cook to Principal. Lester leads the firm’s Midwest practice, including a team of engineers and specialists based out of the firm’s Chicago office. Lester joins nine other principals on KBKG’s leadership team. His primary areas of focus are … Read More

Press Release: KBKG Names John W. Hanning, CCSP Principal

02/07/2019

Atlanta, Georgia – February 7, 2019 – Nationwide tax specialty firm KBKG recently promoted area resident John W. Hanning to Principal. John leads the firm’s Southeast practice, including a team of engineers and specialists based out of KBKG’s Atlanta office. John joins nine other principals on KBKG’s leadership team. John’s primary responsibilities include servicing capital … Read More

Impact of the Government Shutdown on Real Estate Tax Policy

01/18/2019

The longest government shutdown in U.S. history is creating more uncertainty for the current and future tax landscape. As the border wall standoff delays guidance necessary to properly implement tax reform, taxpayers are left wondering how to timely file their 2018 tax returns without ultimately having to amend down the road. Congress currently hasn’t been … Read More

KBKG Tax Insight: Updates to “Qualified Improvement Property”

11/09/2018

With the 2017 tax year behind us, tax professionals are laser focused on the various new rules presented by the recent Tax Cuts and Jobs Act (TCJA) effective for the 2018 tax year. One of the most significant changes related to real estate improvements is the new eligibility criteria for qualified improvement property (QIP). The … Read More

An Interesting Thread To Pull; The South Carolina R&D Tax Credit

08/20/2018

Originally published article by Joseph Toppe from South Carolina Manufacturing Group on August 2, 2018. Stop me if you’ve heard this one before, “South Carolina is a branch manufacturing state.” They tell us there’s not enough headquartering here, not enough research and development, but what if I told you the Palmetto State has a solution, … Read More

Eddie Price Elected to ASCSP Board of Directors

08/17/2018

Eddie Price, Director of KBKG, a nationwide tax credits, incentives, and cost recovery firm, was recently elected to the board of directors for non-profit organization, the American Society of Cost Segregation Professionals (ASCSP), for a subsequent two-year term. ASCSP was founded in 2006 to address the growing need for credentials, technical standards, education, and a … Read More

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

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

A Sense of Adventure – The Hanning Family

04/18/2018

KBKG’s southeast director and Cost Segregation expert John Hanning, was recently featured in Milton Neighbor, a local publication from the Milton/Alpharetta area. The piece, by Marchet Butler, beautifully captures the Hanning family and provides an insider’s look into who John is as a person in business and in family life. A Sense of Adventure The … Read More