nadatangibleproperty.blogspot.com
NADA Tangible Property: What Is Cost Segregation?
http://nadatangibleproperty.blogspot.com/2013/01/what-is-cost-segregation.html
What Is Cost Segregation? Is the IRS approved method of re-classifying components and improvements of your commercial building from real property to personal property. This process allows the assets to be depreciated on a 5, 7, or 15-year schedule instead of the traditional 27.5 or 39-year depreciation schedule of real property. Thus your current taxable income will be greatly reduced and your cash flow will increase. Request your complimentary CSSI Property Analysis. Subscribe to: Post Comments (Atom).
nadatangibleproperty.blogspot.com
NADA Tangible Property: Engineer Finds $53,300 in Demolition Debris at Dealership
http://nadatangibleproperty.blogspot.com/2013/01/engineer-finds-331000-in-demolition.html
Engineer Finds $53,300 in Demolition Debris at Dealership. Temporary Tangible Property Regs are turning dumpsters of demolition debris into mounds of Tax Deductions. What's in your dumpster? CSSI is leading the nation in educating and strategizing with Tax Professionals to do the hard work of calculating and valuing the depreciation deductions of building components that were removed and thrown in the dumpster in past years. Here is an example of how CSSI assisted and Auto Dealer to reduce his taxes and ...
nadatangibleproperty.blogspot.com
NADA Tangible Property: 3 Simple Steps To Reduce Taxes & Increase Cash Flow
http://nadatangibleproperty.blogspot.com/2013/01/3-simple-steps-to-reduce-taxes-increase.html
3 Simple Steps To Reduce Taxes and Increase Cash Flow. Request your complimentary CSSI Property Analysis. Based on CSSI's Property Analysis, CSSI will consult with you and your advisors regarding your effective tax savings. Your CSSI Study is performed and completed within 4-6 weeks. Subscribe to: Post Comments (Atom). What you won’t find at the NADA site.but desperately need to know. We found the best Book on Tangible Asset Regulation. Engineer Finds $53,300 in Demolition Debris at Dealership.
nadatangibleproperty.blogspot.com
NADA Tangible Property: What you won’t find at the NADA site...but desperately need to know
http://nadatangibleproperty.blogspot.com/2013/01/what-you-wont-find-at-nada-site-but.html
What you won’t find at the NADA site.but desperately need to know. We went to the NADA site and looked around for information on Tangible Asset Regulations. There is lots of information….but all the Tax Professionals and CPAs missed one of the most important aspects of the temporary Tangible Asset Regulations as it pertains to dealerships. A plain English explanation. Tax professionals never inventoried what was being removed because there was no mechanism to write it off. It had no tax value because...
nadatangibleproperty.blogspot.com
NADA Tangible Property: We found the best Book on Tangible Asset Regulation.
http://nadatangibleproperty.blogspot.com/2013/01/we-didnt-write-book-on-tangible-asset.html
We found the best Book on Tangible Asset Regulation. We’ve spent a lot of time looking thru all the Tangible Asset Regulations info on the Web so you don’t have to. We think this EBook is the “best of the best” overview of the regs. CCH has released a special Tax Briefing: Comprehensive Repair/Capitalization Regulation to help professionals interpret and apply these often complex regulations that affect all businesses in one way or another. Subscribe to: Post Comments (Atom). What Is Cost Segregation?
nadatangibleproperty.blogspot.com
NADA Tangible Property: When Should A Study Be Done?
http://nadatangibleproperty.blogspot.com/2013/01/when-should-study-be-done.html
When Should A Study Be Done? It is best to have a study completed for the year the building or improvements are placed in service. However, IRS Revenue Procedures allow taxpayers to "catch up" on the depreciation that was not claimed from the first day the property was placed in service without amending prior years' tax returns. Furthermore, the IRS recently allowed for the "catch up" period all in the first year rather than over four years, when the Revenue Procedure 99-49 was first introduced.