2019 Legislative Tax Updates for Real Estate

12/20/2019

For the most up-to-date information on Qualified Improvement Property, see our latest post. Our technical team has been keeping tabs on the latest updates on the Hill in regards to tax extenders and technical corrections, given how they may impact Green Building Tax Incentives (45L and 179D) and the cost recovery of Qualified Improvement Property … Read More

Webinar Speakers Highlight

10/14/2019

KBKG is committed to serving the CPA community with our deep understanding in several key areas of the tax code. Many tax professionals use our tax resources to help quickly identify and qualify clients who can benefit from additional tax credits, deductions, and incentives. If you have any questions regarding any of our areas of … Read More

WOTC expansion proposed by President Obama

08/05/2011

President Obama is commited to help military veterans enter civilian jobs. His proposal to expand WOTC includes:”The Wounded Warrior Tax Credit will double the existing tax credit for long-term unemployed veterans with service-connected disabilities.Maintain the existing Work Opportunity Tax Credit for veterans with service-connected disabilities (currently the maximum is $4,800).A new credit of 40 percent … Read More

Congratulations, Marcus Weaver, SCSP; ASCSP Treasurer

07/05/2011

KBKG congratulates Marcus Weaver, SCSP for being elected to serve as the Treasurer in the American Society of Cost Segregation Professionals (ASCSP) Board of Directors, Executive Committee for the 2011-2012 year.In addition Gian Pazzia, CCSP has also served on ASCSP’s Board of Directors since 2007, and is the current Chair of the Technical Standards Committee.ASCSP … Read More

Expending Energy

06/14/2011

Once identified, tax breaks and utility rebates offer apartment operators decent incentives to engage in energy-efficiency projects.Adelaide Grady can point to one of the best green investments multifamily money can buy: For $6.35 at any big box retailer, you can get a tube of acrylic latex caulk and a caulk gun that can immediately begin … Read More

Obama’s Plan to Win the Future….

05/27/2011

The White House / Office of Media AffairsPresident Obama’s Plan to Win the Future by Making American Businesses More Energy Efficient through the “Better Buildings Initiative”In his State of the Union, President Obama laid out his vision for winning the future by investing in innovative clean energy technologies and doubling the share of electricity from … Read More

Tax Relief Act (H.R. 4853) Overview

01/10/2011

Summary of H.R. 4853 Benefits 100% Bonus Depreciation & Extension of 50% Bonus– Temporary 100% bonus depreciation deduction for qualifying property placed in service between 9/9/10 and 12/31/11. 50% Bonus Depreciation provisions have also been extended through the end of 2012 (2013 for certain property).   15-Year Life for Qualified Real Property – 2-year extension … Read More