Construction: Managing Cost Segregation
Cost segregation separates buildings into a set of components that may be depreciated over 5, 7 or 15 years rather than the typical 27.5- or 39-year period. By allocating each …
Revised Employee Retention Credit Guidance in Plain English
The IRS Notice 2021-23 expands on the previous Employee Retention Credit (ERC) and is retroactive to January 1, 2021. It’s available to eligible employers for wages paid through the third …