IRS recently issued Temporary Regulations for Repairs Expenditures and Capitalization - Capital Review Group will be developing a future White Paper on this topic and how it effects Cost Segregation and reclassification of assets.  Here are some interesting articles on this topic. http://www.journalofaccountancy.com/Web/20114952.htm https://www.federalregister.gov/articles/2011/12/27/2011-32246/guidance-regarding-deduction-and-capitalization-of-expenditures-related-to-tangible-property

As 2011 comes to a close, Capital Review Group (CRG) stands ready to work with CPAs and other tax accounting professionals to reduce clients’ tax burden and discover capital. Our specialized consulting services are invaluable to tax professionals, as we make it our business to stay current on the latest in green tax incentives, energy tax [...]

This article warrants consideration and a read:  "The Math Changes on Bulbs" by Kate Linebaugh Wall Street Journal. Kate Linebaugh covers not only the cost savings of replacing standard bulbs with LED bulbs for energy efficiency, but also the cost-savings associated with "lowered maintenance costs."  LED's savings from energy use to labor savings is one [...]

Business and building owners often face a dilemma when considering replacing or updating their HVAC system.  Although operating an energy efficient HVAC system saves money for business and building owners in the long run, many are concerned by significant first cost.  Too often the recommendation is to retrofit an existing building with energy efficient HVAC [...]

By BOB SALSBERG BOSTON http://www.businessweek.com/ap/financialnews/D9QTTVBO0.htm A Massachusetts law requiring utilities to purchase more electricity from renewable energy sources has helped make the state more energy efficient but also threatens to increase the delivery costs of electricity by 7 percent over the next four years, Attorney General Martha Coakley told a legislative committee on Wednesday.   [...]

Hotel owners face some unique challenges in maintaining a financially viable business.  There are building maintenance and renovation concerns, interior furnishings and often extensive exterior elements to oversee, as well as day to day operations, staffing and customer service.  The good news is that hotel owners can take advantage of targeted tax and energy strategies [...]