The Tax Cuts and Jobs Act has generated a great deal of opportunity for commercial real estate owners, but the TCJA isn’t the only game in town. There are tax savings strategies old and new in play for 2018; thoughtful and comprehensive tax planning is more important than ever. To ensure that no opportunity is […]
Bruce Johnson Featured on PICPA Podcast
Our own Bruce Johnson was featured on PICPA’s “CPA Conversations” podcast recently, discussing the key benefits of 179D deductions. You can access the podcast link here. Bruce explains the eligibility requirements, the application process, and the nitty-gritty of how benefits are actually calculated. If you prefer reading to listening, there’s a transcript provided below the […]
The IRS Issues Clarification on Business Interest Deduction Limitation Rules (Rev. Proc. 2018-31; IR-2018-257); Rev. Proc. 2019-08
On December 24, 2018, the IRS issued Rev. Proc. 2018-31; IR-2018-257 which clarifies several outstanding questions regarding the business interest deduction rules established by the Tax Cuts and Jobs Act (TCJA). These rules are in effect for the 2018 tax filing season and businesses that wish to deduct business interest must consider their implications. Specifically, […]
Terri Johnson Featured Panelist in Edward Jones’ All-Star Tax Series
Terri S. Johnson, CRE, is a featured panelist in The Edward Jones All-Star Tax Series again this year. These courses tap nationally recognized subject matter experts who present in tandem, resulting in stimulating panel discussion. The All Star Tax program, “Maximizing Depreciation and Expense Deductions After Tax Reform,” will go live on Wednesday, November 7th, […]
Terri Johnson authors a CREW Network blog with an in-depth look at tax reform
Our own Terri S. Johnson is a longtime member and past president of CREW Philadelphia, and they asked her to take a closer look at what tax reform may mean for commercial real estate in 2018 and beyond. Her in-depth examination of the most relevant provisions of the Tax Cuts and Jobs Act can be […]
Heating Up on the Hill: Congress Urges Clarification of QIP Status
On August 16th several members of the Senate Finance Committee wrote a plainly-worded missive to the Treasury Department, clearly stating their intentions regarding QIP and requesting a technical correction that would reflect their legislative intent. “Specifically, in eliminating the separate definitions of qualified leasehold improvement, qualified restaurant, and qualified retail improvement property and providing a […]
All New CPE: The Tax Cuts and Jobs Act of 2018
The Greek philosopher Heraclitus once remarked, “There is nothing permanent except change,” and our industry is no exception. In the last few months the world of commercial real estate has been rocked by the passing of the Tax Cuts and Jobs Act (TCJA), the first comprehensive tax reform in over 30 years. In some areas […]
New Website Addition: Tax Cuts and Jobs Act for the Commercial Real Estate Owner
The Tax Cuts and Job Act was signed into law on December 22, 2017. This marks the first comprehensive tax law reform since 1986, and will impact every American taxpayer and industry. The TCJA brings new opportunities, as well as some challenges, to the commercial real estate community. Capstan Tax Strategies is at your service […]
Everyone’s Talking About It: Your Biggest Questions About the New Tax Cuts and Jobs Act
From the moment the new Tax Cuts and Jobs Act (TCJA) passed, there was a flurry of questions about how the TCJA would affect owners of real estate. Signed into law late December, this legislation represents the first major tax reform in over three decades, and stands to impact virtually every US taxpayer. As tax […]
You Asked, We Answered: The ALL-NEW Depreciation Accelerator Now Available
The Capstan team has always striven to drill down complex information in an organized and manageable way through our accelerators and flowcharts. After the recent passing of the Tax Cuts and Jobs Act (TCJA), we received many requests for an updated version of the Capstan Depreciation Accelerator that would break down the most relevant provisions […]