This letter was originally published by the ASCSP. Our Principals John W. Hanning, CCSP, MBA, Lester Cook,CCSP, and Malik Javed,CCSP, are board members of the ASCSP The American Society of Cost Segregation Professionals (ASCSP) wishes to commend the Treasury Department (Treasury) and the Internal Revenue Service (IRS) for the thoughtful effort clearly reflected in Proposed … Read More
Please note that we recently relocated several of our offices in California, including our headquarters in Pasadena. Please update your records with the new address and remit any outstanding payments to our new headquarters. Should you have questions, please reach out to your relationship manager for assistance. PASADENA HEADQUARTERS 225 South Lake Ave Ste 400 … Read More
The House of Representatives have advanced the Moving Forward Act, a $1.5 Trillion infrastructure proposal. The purpose of the plan is to focus more closely on ways to reduce emissions, develop public land, improve communities and transit systems, among other key features. The Moving Forward Act includes the new energy efficient home credit (45L) extending … Read More
On April 17, 2020, the IRS released Rev. Proc. 2020-25 outlining how to implement the Qualified Improvement Property (QIP) changes that were part of the CARES Act of 2020 and modify certain elections under Section 168 using Form 3115, Change in Accounting Method. KBKG authored a comprehensive overview of the new procedures that can be … Read More
Updated April 7, 2020 – There are lots of questions about business loan options in light of the Coronavirus Aid, Relief, and Economic Security (CARES) Act and national emergency declaration. The Small Business Administration (SBA) is offering Economic Injury Disaster Loan Assistance (EIDL), while the CARES Act includes a Paycheck Protection Program (PPP). Many are … Read More
We understand this has been an extremely stressful time over the last ten days. The world has seemingly changed overnight with the global pandemic coupled with the meltdown of the financial markets. First and foremost, we need to consider the health and safety of our family & friends, team members, clients, and the community over … Read More
![[INTERVIEW] Alex Martin, Principal of Transfer Pricing](https://www.kbkg.com/wp-content/uploads/Alex-Martin-Interview-1.jpg "[INTERVIEW] Alex Martin, Principal of Transfer Pricing")
KBKG: Tell us about yourself, Alex. Alex: I grew up in the Tampa/St. Pete area, but I now reside in Michigan with my wife and daughter. I met my wife as an undergrad, attending school in New Orleans, a city that attracts people from all walks of life. I’ve always been interested in economics, which … Read More
On Friday, December 20th, President Trump signed and enacted a $1.4 trillion spending package that funds the government for the 2020 fiscal year, averting a second government shutdown for 2019. Included in the spending bills are numerous tax extenders, including many that had originally expired at the end of 2017. Among these tax breaks are … Read More
KBKG is pleased to announce the addition of Business Development Regional Director Todd French to KBKG’s Midwest Regional office, who is relocating from the KBKG Texas office after serving the Dallas-Ft. Worth Community. Todd French began his finance career 15 years ago as a banker for a large regional bank where he was trained to … Read More
![[WEBINAR] Tax Legislative Outlook for Real Estate](https://www.kbkg.com/wp-content/uploads/Copy-of-Tax-Legislative-Outlook-for-Real-Estate.jpg "[WEBINAR] Tax Legislative Outlook for Real Estate")
Our technical team at KBKG has been working with those in DC who endeavor to bring more certainty to the real estate industry. Tax extenders and technical corrections to tax reform such as the “retail glitch,” still need to be addressed, but there has been movement. As Congress continues negotiations on appropriations, a stage has … Read More