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 … Read More
News
Bill Reeb, Kip Dellinger, and Michael Platt Join KBKG’s Newly Formed Advisory Board
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
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
KBKG Atlanta to Host Grand Opening Celebration Post Tax Deadline
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
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
Join us in Welcoming Chuck Huey to Our Atlanta Team
We are pleased to announce that Chuck Huey has joined KBKG’s Atlanta team as Senior Manager and leader of the Southeast Research and Development (R&D) Tax Credit Services group. Chuck comes to KBKG with 10+ years of working in the Atlanta area, exclusively on R&D tax credits leveraging his experience as an engineer. He has … Read More
KBKG Tax Insight: IRS Penalizes Cost Segregation Provider for Aiding and Abetting
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
KBKG Tax Insight: Congress Retroactively Extends Temporary Tax Breaks for 2017 in Budget Bill
President Trump just signed and enacted a 2-year budget bill that extends government funding through March 23 and also retroactively extends numerous tax breaks that had previously expired. The majority of the tax extenders included in the bill are renewed for one year through the end of 2017. Among these tax breaks are various … Read More
KBKG Tax Insight: Tax Reform Changes to “Qualified Improvement Property”
As the dust is settling from tax reform, many CPAs are scrambling to keep track of the various sections of the tax code that were affected. The new law eliminates depreciation categories for qualified leasehold improvements (QLI), qualified restaurant property (QRP), and qualified retail improvement property (QRIP) and replaces them with qualified improvement property … Read More
Tax Insight: How to Co-ordinate Cost Segregation with Like-kind Exchange
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 … Read More