Construction Tax Planning: A Proactive Approach to Accelerated Depreciation Planning

A properly designed and implemented Construction Tax Planning engagement will proactively identify additional tax savings related to new and / or planned construction projects. It should be duly noted that a Construction Tax Planning engagement should not be confused with a Cost Segregation engagement. As a reminder, there are several noteworthy differences between a Cost…

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Personal Property Tax Issues

There is an interesting article in the San Jose Mercury News – “Silicon Valley’s stealthy, selfish war on taxes,” by Michelle Quinn (9/11/15).  She looks at some of the assessed values high tech firms have noted for their equipment, including $1.  She reports that some companies argue that the machine has no value to anyone…

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Be Aware of Security Issues In Using Mobile Pay Devices

Many churches and other non-profit organizations now accept online and credit card contributions. Typically, the credit card transactions can be made through the organization’s website or through a kiosk located within the organization’s facilities.  In recent months the availability of mobile pay devices has become more widely available. These devices allow the organization to use…

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Tax Compliance Alert

On July 31, 2015, President Obama signed into law H.R. 3236 entitled The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (hereinafter the “Act”), that is anticipated to be partially paid for by a number of new tax compliance requirements. The Act amended a number of provisions within the Internal Revenue Code…

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