costsegserve.blogspot.com
CSSI: Resources for TPR
http://costsegserve.blogspot.com/2014/01/tangible-property-regulations-resource.html
In order to help you shorten the learning curve in understanding the Tangible Property Regulations, we have assembled links to the best, most concise, explanations of the regulations. The links are placed in order of complexity to discuss a broad understanding of the regulations to deep analysis through understanding of the most asked questions. Links to the Federal Register Examples are also provided. Quick Summary Chart of Final Tangible Property Regulations - AICPA. December 17, 2013. IRS Releases Com...
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CSSI: What Is Cost Segregation?
http://costsegserve.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).
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CSSI: Engineer Finds $331,000 in Demolition Debris
http://costsegserve.blogspot.com/2013/01/engineer-finds-331000-in-demolition.html
Engineer Finds $331,000 in Demolition Debris. 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. There was significant removal of walls and flooring to facilitate the access the old piping s...
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CSSI: When Should A Study Be Done?
http://costsegserve.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.
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CSSI: Tangible Asset Regulations Conundrum
http://costsegserve.blogspot.com/2013/01/tangible-regulations-conundrum.html
Tangible Asset Regulations Conundrum. The unintended consequences of the Tangible Property Regulations are that the IRS has taken Tax Professionals out of the equation of calculating the value of retired assets from previous remodels and renovations where there is limited data. It’s not that the Tax Professional couldn’t do it on smaller items. But what about large renovations that removed walls, electrical systems, plumbing. Do you have defensible method of calculation? Handle the 3115 from start to fin...
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CSSI: We found the best eBook on Tangible Asset Regulations
http://costsegserve.blogspot.com/2013/01/we-didnt-write-book-on-tangible-asset_24.html
We found the best eBook on Tangible Asset Regulations. 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: "Final Regs Governing Repairs and Capitalization make Significant Changes" to help professionals interpret and apply these often complex regulations that affect all businesses in one way or another. Subscribe to: Post Comments (Atom).
costsegserve.blogspot.com
CSSI: 3 Simple Steps To Reduce Taxes & Increase Cash Flow
http://costsegserve.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). Tangible Asset Regulations Conundrum. What Is Cost Segregation? COST SEGREGATION SERVICES © 2007-2013. Simple template. Powered by Blogger.
