100% Bonus Depreciation Is Now Permanent: What Businesses Need to Know After the OBBBA
On July 4, 2025, the “One Big Beautiful Bill Act” (OBBBA) was signed into law, ushering in a significant change for businesses: the permanent restoration of 100% bonus depreciation for qualifying property placed in service after January 19, 2025. This move marks a major win for companies seeking to maximize tax savings and accelerate investment […]
Major Tax Win: Immediate R&D Expensing Returns for Small Businesses
The landscape for R&D tax incentives has just changed in a big way. With the passage of the One Big Beautiful Bill Act (OBBBA), the rules around how businesses deduct their research and development (R&D) costs have been overhauled—bringing significant, retroactive benefits to small businesses across the country. What Changed with Section 174? Back in […]
House Passes OBBBA: 100% Bonus Depreciation Restored and Enhanced
The recent passage of the One Big Beautiful Bill Act (OBBBA), by the U.S. House of Representatives marks a game-changing moment for businesses investing in research and development (R&D). This landmark legislation eliminates the restrictive Section 174 amortization rules, reinstating the ability to deduct domestic R&D expenses immediately. For small businesses, the benefits are even […]
100% Bonus Depreciation Returns in the “Big Beautiful Bill”
There’s a lot for businesses to celebrate in the new tax legislation—affectionately dubbed the One, “Big Beautiful Bill”—recently passed by the House and now under consideration in the Senate. Packed with pro-business provisions, one headline-grabbing highlight is the return of 100% bonus depreciation—a powerful incentive that had been gradually phased down starting in 2023. For […]
How Are Cost Segregation Results Applied to Your Tax Return?
Let’s talk fun and games – and significant tax savings – with IRS Form 3115. To apply cost segregation to an existing property, you must file IRS Form 3115, Application for Change in Accounting Method. To apply cost segregation to a newly acquired property, Form 3115 is unnecessary because there is no change in accounting. […]
What Is Cost Segregation in Real Estate? Key Pros and Cons
For real estate investors, maximizing return on investment often means reducing taxable income. One powerful yet underutilized tax-saving strategy is a cost segregation study. This IRS-approved approach allows property owners to accelerate depreciation on certain building components, increasing short-term cash flow and reducing overall tax liability. While cost segregation in real estate may not be […]
How Cost Segregation Can Accelerate Depreciation and Boost Cash Flow for Property Owners?
It has never been more critical for property owners to accelerate the depreciation of their building components than it is now, thanks to a change in IRS tax law that reduces the value of bonus depreciation over the next few tax years. Let’s Start with What is Cost Segregation You or your company own commercial […]
Common Misconceptions About Cost Segregation Studies (And the Truth Behind Them)
Cost segregation studies are a means to achieving powerful tax savings by more finely categorizing building components for accelerated depreciation. Large owners of commercial property can save millions of dollars in taxes, but even smaller entities can slash their taxes substantially. Many property owners fail to exploit this tax advantage because they harbor misconceptions about […]
Choosing the Right Cost Segregation Company: Key Tips
A cost segregation study takes a magnifying glass to commercial property owners’ property and more accurately classifies all its constituent parts in a process that can reduce their business taxes significantly. Depending upon your company’s situation, it can be well worth the cost of the study and pay dividends annually for years after the first […]
Potential Tax Law Changes in the New Trump Administration
Republican domination of Congress, along with a Republican in the White House, likely means the constantly swinging pendulum of tax law is going to arc towards business tax cuts, possibly starting in 2025. The scope of these changes is unknown, in large part because normal Congressional rules require 60 votes for budget bills to pass […]