posts tagged as Cost Segregation

By Restaurant Practice Leaders | March 05, 2019

Minimizing Tax Liability without QIP Guidance

Lack of clarity around the tax treatment of Qualified Improvement Property (QIP) under the Tax Cuts and Jobs Act (TCJA) may result in higher than expected tax bills for restaurants that made renovations and improvements during 2018. ... read more

By Jeff Tubaugh | March 02, 2018

Cost Segregation Studies Have Valuable Benefits Under Both New and Old Tax Rules

With the recent passage of the Tax Cuts and Jobs Act, many companies are in a crunch to maximize their 2017 tax year deductions before tax rates drop and reduce the value of their deductions. Cost segregation studies are a valuable tool... read more

By Restaurant Practice Leaders | October 26, 2016

Part 2: Nine Questions Brewery Owners Should Ask Their CPAs

In the first installment of this series, Dirk covered five questions brewery owners should ask their CPAs in an effort to improve their business operations and find opportunities for savings. Continue reading as Dirk discusses the final... read more

By Jeff Tubaugh | November 12, 2015

Tax Planning in an Environment of Unknowns

As we approach the end of 2015, it’s time to consider tax-saving opportunities for your business.  read more

By Restaurant Practice Leaders | May 07, 2015

Tax Opportunities on Tap for Breweries and Brewpubs

Craft brewers have evolved from specialty producers into major players in the food and beverage industry, producing 22.2 million barrels of beer in 2014. read more

By Giselle El Biri | October 01, 2014

Restaurant Catering Series: Part 3: Tips on Accounting for Catering

Establishing proper policies and reporting procedures, you can make better decisions on pricing and labor and more easily manage cash flow – giving your catering business a better chance at... read more

By Jeff Tubaugh | September 24, 2014

Can a Cost Segregation Study Lower Your Tax Bill?

Like most business owners, you are probably looking for ways to reduce your tax bill – especially with the highest federal tax bracket rate now at 39.6 percent. read more

By Restaurant Practice Leaders | February 04, 2014

Why Should I Segregate Pre-Opening Costs?

There are a variety of costs related to opening a new location. Some expenses, such as new kitchen equipment, will be capitalized and depreciated over time. read more