By: Patrick Oconnor | 2010-11-24 | Taxes Tax Rule No.1: Don’t cheat the IRS. But that doesn’t mean you should cheat yourself. Take every legal tax deduction you can. read more
By: moore90carol | 2012-03-23 | Real Estate Creating effective company is a sure-fire way to create sure you are not eventually left seeking with regards to economical protection. It provides you and your receivers a relaxed life without having to fear about getting shot from your company or dropping your job in any other way. But, there are many things to be taken into account when beginning any company and it is in information where succe read more
By: Patrick Oconnor | 2011-09-07 | Taxes Tax reductions and tax deductions are a common benefit of cost segregation. When real estate investors and tax practitioners learn about the income tax deductions and tax reductions resulting from cost segregation they are sometimes skeptical; read more
By: Patrick Oconnor | 2011-08-25 | Taxes Tax Rule No.1: Don’t cheat the IRS. But that doesn’t mean you should cheat yourself. Take every legal tax deduction you can. read more
By: Patrick Oconnor | 2011-10-20 | Taxes Tax reductions and tax deductions are both benefits of cost segregation. However, it would be inaccurate to term cost segregation a tax shelter. The IRS has written a manual titled Audit Techniques Guide that delineates methods to establish depreciation schedules and increase tax reductions. read more
By: Patrick Oconnor | 2011-07-14 | Taxes By understanding business tax deductions, business owners may enjoy personal benefits from business expenditures - a nice car to drive, a combination business trip/vacation, retirement savings plan - if they follow the myriad tax rules. read more
By: Patrick Oconnor | 2011-09-18 | Taxes Cost segregation evolved as the result of multiple court cases and IRS rulings. The body of knowledge is summarized in the Audit Techniques Guide (ATG), published by the IRS. read more
By: Racks Jackson | 2012-03-17 | Taxes An analysis has reclassified the components of a building from 27.5, 31.5 and 39 year depreciable lives to five, seven and fifteen years respectively. The benefit comes from accelerating the tax depreciation. read more
By: Racks Jackson | 2012-02-13 | Taxes A concept which is required for those who are looking at assets and taxes is cost segregation. This creates an alternative approach to various taxes and assets as well as how one approaches the ownership and value of various assets. read more
By: Jonathan Lucas | 2012-02-22 | Taxes Many taxpayers avoid filing their taxes because they are afraid to deal with the IRS or are unaware of the several legal clauses related to their taxes. read more
By: Racks Jackson | 2012-04-19 | Taxes it has been observed that there are several types of construction-related costs that can be depreciated over a time period of 5, 7, and 15 years; this is when a cost segregation study comes into the picture. Contrary to popular belief, the purpose of this study is to identify these costs, and help you save some tax. read more
By: Patrick Oconnor | 2012-04-17 | Taxes By understanding business tax deductions, business owners may enjoy personal benefits from business expenditures - a nice car to drive, a combination business trip/vacation, retirement savings plan - if they follow the myriad tax rules. read more
By: Craig Higdon | 2010-04-01 | Accounting While costs such as office equipment and furniture are easily recognizable as personal property, construction-related costs that are often included as part of real property may also qualify for a shorter depreciable life. Everyone knows that a dollar today is more valuable than one received in ten years. Tweed Financial Services, Inc. suggests that a Cost Segregation study, which reviews the depreciation schedules related to your real estate investments, may reduce your taxable profits and thereby enhance your after-tax cash flow. read more
By: Mike Singh | 2010-04-03 | Mutual Funds Imagine the scenario where you could make an investment that has the opportunity for growth in the financial markets and comes with a guarantee that it won't lose money. No, this is not the stuff of dreams. In the real world it is called a segregated fund and you can get one if you are a Canadian citizen. read more