Capitalization vs. Repairs – Audit Techniques Guide


The IRS recently released its Audit Techniques Guide related to issue of Capitalization vs. Repairs. This issue has received a significant amount of attention by the IRS over the last couple of years as many taxpayers have filed for Changes in Accounting Method to take advantage of missed deductions. Because the amount of deductions can … Read More

New IRS Developments on Statistical Sampling for Cost Segregation & Repair and Maintenance


If you own or operate multiple “chain” type properties such as restaurants, retail stores, hotels, supermarkets, or service centers, the most cost effective way to take advantage of many available tax incentives involves using statistical sampling.Some popular applications of statistical sampling occur with Cost Segregation, Repair & Maintenance Tax Studies, Research & Development Credits, and … Read More