by Source Advisors | Jun 4, 2021 | Technical Updates - Cost Segregation
TECHNICAL UPDATE TREASURY RELEASESGREEN BOOK June 4th, 2021 by Charles Duncan, Senior Technical Director On Friday, May 28th, 2021, the Treasury Department released the Green Book, also known as the General Explanations of the Administration’s Fiscal Year 2022 Revenue...
by Imran Syed | Dec 30, 2020 | Technical Updates - Cost Segregation
TECHNICALUPDATE ENERGY EFFICIENT COMMERCIAL BUILDINGS DEDUCTION December 30, 2020 by Imran Syed, P.E., LEED AP, Director, EPAct §179D/§45L & Cost Segregation On December 27, 2020, a $1.4 trillion omnibus spending bill with tax extenders was signed into law. The...
by Charles Duncan, Brian Coddington | Oct 28, 2020 | Technical Updates - Cost Segregation
TECHNICALUPDATE TECHNICALUPDATE NET OPERATING LOSSES VS. PASSIVE ACTIVITY LOSSES FOR COST SEGREGATION October 28, 2020 by Charles Duncan & Brian Coddington When the CARES Act temporarily revived five-year Net Operating Loss (NOL) carrybacks and eliminated the 20%...
by Charles Duncan | Sep 28, 2020 | Technical Updates - Cost Segregation
TECHNICALUPDATE TECHNICALUPDATE THE FINAL BONUS DEPRECIATION REGULATIONS September 28, 2020 by Charles Duncan On September 21, 2020, the IRS released an advance copy of the final bonus depreciation regulations. With some modifications, these regulations finalize the...
by Charles Duncan | Jul 31, 2020 | Technical Updates - Cost Segregation
TECHNICAL UPDATE THE CURRENT STATE OF ADS UNDER THE TCJA AND CARES ACT July 28, 2020 by Charles Duncan With the recent release of Rev. Proc. 2020-22, many tax advisors have turned their attention to how the Alternative Depreciation System (“ADS”) impacts their...
by Charles Duncan | Jul 1, 2020 | Technical Updates - Cost Segregation
TECHNICAL UPDATE PROPOSED § 1031 REGULATIONS June 27, 2020 by Charles Duncan On June 12th, 2020, the Treasury published REG-117589-18 in the Federal Register. These proposed reliance regulations provide guidance on the definition of “real property” under Code § 1031....
