In today’s economic climate, it’s essential for retail business owners to take advantage of every tax opportunity available to minimize your tax burden and maximize cash flow. Would you believe that energy-efficient upgrades to your building or retail space could actually pay for themselves through tax deductions, in addition to realizing future savings on energy [...]
It’s wise to be conservative when it comes to cost segregation. One over-zealous apartment complex owner claimed on its tax returns a collection of over 1,000 components of real property asserting that they could be depreciable over shorter class periods of 15 years and 5 years. The problem is that the taxpayer included and claimed [...]
An article by Marky Moore, LEEP AP, CSBA, CEO Capital Review Group Restaurant owners face unique challenges, especially in today’s economy. As consumers tighten their belts and cut back on their entertainment budgets, it’s imperative for restaurants to operate with the most effective business strategies in place. The good news is that restaurant owners can [...]
Capital Review Group Announces Membership in Highly Regarded National Association of State Boards of Accountancy (NASBA) Phoenix, AZ - The National Association of State Boards of Accountancy (NASBA) has approved Phoenix-based tax and energy consulting firm, Capital Review Group (CRG) as a “renewed” registered sponsor of Continuing Professional Education (CPE) on the National Registry of [...]
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
For Immediate Release Phoenix, AZ – January, 2012 Phoenix-based tax and energy consulting firm, Capital Review Group (CRG) has joined the Continental Automated Buildings Association (CABA). CABA is an international not-for-profit industry association dedicated to the advancement of intelligent home and intelligent building technologies supported by an international membership of nearly 300 companies. Member companies [...]
Phoenix, AZ – January 2012 Phoenix-based tax and energy consulting firm, Capital Review Group (CRG) has joined the EnOcean Alliance, a consortium of companies working to standardize and internationalize energy harvesting wireless technology for green intelligent buildings. CRG joins more than 250 companies currently belonging to the non-profit organization, headquartered in San Ramon, CA. EnOcean [...]
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 [...]
If you are considering making improvements to a commercial building, there are various tax strategies that may apply to your particular situation. One of these is abandonment, which allows the taxpayer to reduce the tax burden when replacing assets that exist within a building. So, if your green building strategy includes replacing metal halide lighting [...]