Signed into law on July 4, 2025, the One Big Beautiful Bill Act (OBBBA) is a sweeping package of tax and spending provisions that will dramatically reshape the tax planning landscape in the coming years. Among its most impactful changes are those affecting depreciation. With the permanent return of 100% bonus depreciation, a major [...]
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBBA), a sweeping legislative package that blends tax cuts with funding for defense and immigration, while also scaling back certain social programs. For business taxpayers, the biggest news is the law’s powerful incentives for capital investment and innovation, including [...]
On May 18, 2025, the House Budget Committee voted to advance President Trump’s “One Big Beautiful Bill,” a federal budget reconciliation act with sweeping implications for tax policy, border security, defense spending and more. For businesses, commercial building owners, and real estate investors, the most notable elements of the bill lie in its proposed [...]
Buying a commercial building is a major investment that carries several ongoing costs associated with owning and maintaining the building. Fortunately, however, the federal tax code offers a variety of strategies to help offset these costs by reducing your tax burden. For example, the §179D deduction (which was recently made a permanent part of the [...]
For countless businesses, the significant disruptions stemming from the COVID-19 pandemic have caused unprecedented financial challenges this year. Therefore, as 2020 comes to an end and businesses start preparing for tax season, it is crucial to seek opportunities to minimize taxes. The right tax strategy can help businesses save money and boost cash flow, thereby [...]
For commercial building owners, the federal tax code offers several strategies to help offset the many costs associated with owning and maintaining a commercial property. One of these strategies is Cost Segregation, which allows building owners to reduce their tax burdens and boost cash flow through accelerated depreciation deductions. Wondering if you are eligible for [...]
By reclassifying certain real property assets as personal property, Cost Segregation studies offer a powerful way for commercial building owners to unlock depreciation deductions—thereby reducing their tax burdens and boosting cash flow. However, following sweeping changes under the Tax Cuts and Jobs Act of 2017, Cost Segregation may be more beneficial than ever before due [...]