News & Blog

Both residents and businesses in Texas will receive tax relief due to the devastating winter storms that have been affecting Texas. The Internal Revenue Service (IRS) announced on Wednesday, February 22nd that individual and business taxes have been pushed back to June 15th, 2021 from the original April 15th deadline for individuals and the March 15th deadline for businesses. This

Owners of apartment complexes and other large multifamily properties should always be looking for ways to increase the return on their initial investments on the properties they own. One of the most common and efficient ways to do this is through cost segregation. Cost segregation takes properties like apartments that usually depreciate over a period of 39 years and cuts

Companies all across America have been changing the use of their time and resources to keep up with the shifting landscape of their industries. Because of this, businesses have needed to conduct research and development activities to create new and improved products and services. To help companies keep up with this growth, federal and state governments have created tax credits

Businesses in the state of Louisiana performing research and development activities qualify for a windfall of lucrative R&D tax credits. These credits are given to businesses on both state and federal levels to help promote continued development within the state as well as overall growth in the country. Most businesses may not know they can apply for these credits, however,

When it comes to research and development, few people think about their skin and the treatments necessary to care for it. However, research and development for skincare products, treatments and cures have significantly increased over the years due to heightened awareness of skin cancer and other skin diseases. A lot of dermatologists and companies may not know they can qualify

Green construction and the implementation of energy-efficient structures and systems in both federal and privately-owned buildings has seen massive increases over the years. The government has been encouraging this eco-friendly shift with incentives for commercial buildings that go green. In 2005, the Energy-Efficient Commercial Buildings Deduction (179D) was created to promote taxpayers to build, renovate and design with energy conservation

Insurance Companies Who Invest in Developing Their Technology to Improve Services for Agents, Customers and Other Associates May be Able to Take Advantage of Tax Credits Insurance companies have started to shift away from the traditional methods in which they provide customers and partners with insurance services. The main change has been the integration of technology in the insurance industry

Real Estate Investors Can Lower Their Property Income Tax  and Generate Direct Cash Flow by Taking Advantage of Certain Tax Tools When it comes to investing in property, many real estate investors who currently own, or who are looking to gain more property, often overlook an extremely beneficial and strategic tax tool that can help them save significantly on their

The Centennial State Offers Development and Research Tax Credits to Companies who put Resources into Growing Economically Distressed Areas Keeping up with competitive industry growth and navigating the fast-paced business world is a process that many companies have to stay on top of in order to be successful and provide value to the communities around them.  What countless companies don’t

Use these Tips and Strategies to Maximize your Deductions for 2020 and into the Future 1. Create a smart plan for paying taxes During turbulent times, preparation and planning are the keys to managing the stress on your business and staying financially solvent. The earlier you have a forecast of your business’s tax outlook, the better prepared you will be