by Capstan Tax Strategies | Aug 1, 2018 | Cost Segregation
On Monday the American Institute of CPAs (AICPA) formally requested guidance regarding several areas of the Tax Cuts and Jobs Act (TCJA). Tax Executive Committee chair Annette Nellen made a total of eight recommendations, all of which may be explored in this...
by Capstan Tax Strategies | Jul 17, 2018 | Cost Segregation
Good Things Come in Small Packages: Tax Reform Increases the Utility of Cost Segregation on Smaller Properties Conventional wisdom has generally been that cost segregation studies are only worth performing on properties with a minimum depreciable basis of $1M. Most...
by Capstan Tax Strategies | Aug 14, 2017 | Cost Segregation
The Cost Segregation Study: Understanding Your Estimate of Benefits Is doing a cost segregation study going to be worth your while? Is it really worth the time? The fee? The logistics? While the Capstan team is likely to respond with an emphatic “yes” to all of the...
by Capstan Tax Strategies | May 10, 2017 | Cost Segregation
Timing is Everything: New Rev. Proc. Clarifies Timeline Regarding QIP Eligibility We love Qualified Improvement Property (QIP). And what’s not to love? This new classification of building improvements is the key to lucrative bonus depreciation, and doesn’t have to...
by Capstan Tax Strategies | Feb 1, 2017 | Cost Segregation
QIP is the New VIP: Broad Definition of Qualified Improvement Property Expands Availability of Bonus Depreciation The PATH (Protecting Americans Against Tax Hikes) Act of 2015 extended bonus depreciation for a record five years. This was indeed very big news, and...
by Capstan Tax Strategies | Jul 27, 2016 | Cost Segregation
Cost Segregation Reduces Tax Burden on Industrial Facilities The cost segregation process can be performed on almost any type of building. By reclassifying commercial assets into shorter MACRS class-lives, cost segregation accelerates depreciation, increases cash...
