Google As a result of tangible property regulations passed at the beginning of this year, cost segregation studies have become a popular and effective part of a property owner’s annual tax saving strategy. From its beginnings as an IRS legal memorandum, the practice of employing cost segregation studies in the accounting community has grown and [...]
Google By Rich Maiolo, Director of Business Development The recent release of the IRS regulations Tangible Property Regulations - 080713 v1 and IRS Revenue Section 263(a) define the tax differences between repairs or maintenance and replacement of long life building systems and components. How do these regulatory changes apply to commercial building owners that are considering [...]
Google As many people know, federal tax law is created in part by the Internal Revenue Code (IRC) enacted by Congress in title 26 of the United States Code. For that reason, it is constantly changing and shifting with each legislative session and may often be difficult and complicated to keep up with. This year, [...]
Using engineering, design and costing to seize tax savings strategies such as §179D, Tangible Property, Cost Segregation
Arizona based Capital Review Group, is announcing the opening of a new office in Irvine, California. CRG is uniquely positioned to identify significant tax incentives to commercial property owners and their advisors. Applying underutilized strategies, CRG may help building owners reduce or eliminate federal tax obligations and uncover significant financial return on capital investments. Located [...]
Google To a commercial building owner, it is always important to reduce operating costs and an important strategy to achieve reductions is to implement energy efficiencies. In terms of climate/thermal controls, this can mean investment in combinations of energy efficient systems and innovative passive heating and cooling designs like well-placed windows and walls. The key [...]
We are asked almost daily by someone if we think §179D will return soon. The past few weeks have seen some positive activity on Capitol Hill regarding a long-awaited tax extenders package. However, with midterms fast approaching there is little chance until perhaps 2016 for efficiency incentives to return. In addition, there are two competing proposals: The Senate Finance [...]
Google A recent client came to us after having retrofitted their 240,000 square foot, 24-story office building, and were in search of potential tax incentives that would help offset the cost. They had completely reconstructed the exterior façade and replaced the windows with the goal of improving the look and feel of the building while [...]
Google By Rich Maiolo, Director of Business Development The recent finalization of the IRS regulations Tangible Property Regulations - 080713 v1 and IRS Revenue Section 263(a) that delineates “Changes to Asset Classification under Tangible Property Regulations” will give commercial building owners a way to help pay for long life building systems and component repair and/or [...]
HILTON UNIVERSAL CITY LAUNCHES LARGEST PACE PROJECT IN THE U.S. The LA PACE financial tool fuels $7 million investment in green building upgrades Los Angeles, CA—The Hilton Los Angeles/Universal City is utilizing Los Angeles County PACE financing to fund an astounding $7 million worth of sustainable upgrades, making it the largest commercial PACE (Property Assessed Clean Energy) [...]
