KBKG Tax Insight: Major PATH Act1 Changes to the R&D Tax Credit

08/27/2018

Major PATH Act2 changes to the R&D Tax Credit for the years beginning after December 31, 2015: The federal R&D Tax Credit has provided taxpayers conducting qualified research a significant tax benefit since it was first signed into law by President Reagan in 1981. Although billions of dollars worth of R&D credits were claimed each … 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

Deduct Your Demolished Building Using a GAA

05/18/2016

When a taxpayer acquires a building that may need to be demolished in the foreseeable future, they are often disappointed to learn from their tax preparer that they will lose all future tax depreciation deductions associated with the building. For many years, the tax code has not been forgiving to property owners who invest in … Read More