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
Tenant improvement allowances are routinely used in lease negotiations, but certain criteria must be met in order to receive beneficial tax treatment read more
The IRS recently released Rev. Proc. 2014-17, providing guidance for filing change in accounting methods for dispositions of tangible depreciable property. read more
The IRS has released Rev. Proc. 2014-16, which provides further guidance regarding the final repair regulations issued last September. read more