Tax Incentives Blog

States are Pitching Big Tax Breaks for Investors in ‘Opportunity’ Cities

Written by Angie Longacre. Updated Jul 14, 2019.

“If you build it, he will come.”

The 1989 movie Field of Dreams hit a homerun at the box office and drafted this inspiring line to number 39 in the American Film Institute’s 100 Greatest Movie Quotes of All Time. For those who haven’t seen the magical, feel-good movie: a ghost of baseball past repeatedly whispers these words to Ray, a young corn farmer and baseball aficionado.

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How Real Estate Investors Get Real Savings with Cost Segregation

Written by Bill Mark. Updated Jun 18, 2019.

Have you had the pleasure of playing the real estate investment boardgame Monopoly? For anyone who’s shuffled the game's distinctive pieces across the board, “bought” and “sold” teeny houses and hotels, lost a pseudo fortune to a well-invested opponent, or scored some of that characteristically colorful money with a fortuitous Community Chest card, you know it’s a game of strategy. Your friends who scrutinized their investments and calculated every move usually won the game.

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Hey CPAs, Do Cost Segregation Studies Benefit Your Clients? You Bet.

Written by Frances Kim. Updated Jun 17, 2019.

 As a CPA, you want to provide your clients with the best service possible. Part of superior service includes saving them the most money, wherever and whenever you can. And a cost segregation study can answer that call to help discover more hidden cash. Read on to find out how.

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Don’t Fear the Audit, Partner with a Tax Consultant

Written by Charlotte Ochs. Updated Jun 8, 2019.

You are a savvy business owner. Part of your business acumen includes knowledge of potential tax credits that can benefit your bottom line. However, the words “potential for audit” linger in the back of your mind.

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Top 3 Tax Incentives for Building ‘Green’

Written by Darren Labrie. Updated May 17, 2019.

The 21st-century conservationists have firmly planted the phrase ‘going green’ into the American lexicon. It ubiquitously serves as a catch-all term for the act of swapping old processes, services, laws, materials, and products for those that carry some environmentally-friendly and energy-efficient element. Green building construction is just one of the many environment-saving efforts happening today.

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Why Should a Professional Handle Your Cost Segregation Study?

Written by Darren Labrie. Updated Apr 12, 2019.

I’m a little bit of a do-it-yourselfer (DIYer). As with many other “I got this” zealots, I’m always game for saving a few bucks and invigorating the ego with bragging rights for completing a task or home-improvement venture that most others would call upon a professional to tackle.

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It’s Not Lonely in the Lone Star State! More Businesses Call Texas ‘Home’

Written by Ted Marquardt. Updated Feb 6, 2019.

On the heels of the record-setting incentive package of more than $1.5 billion in grants and tax breaks from New York state that Amazon stands to get for bringing at least 25,000 workers to a new campus in Queens, New York Gov. Andrew Cuomo was quoted as saying, “All things being equal, if we do nothing, they’re going to Texas.”

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You Complete Me: CPA Firms Partner with Tax Consultants to Attract Business

Written by Darren Labrie. Updated Jan 9, 2019.

There is no shortage of famous movie quotes in the lexicon of pop culture, and the phrase “You complete me” uttered by Tom Cruise in the film Jerry Maguire certainly belongs somewhere at the top of the list. While expressed with complete sincerity in the film to his love interest, the phrase has enjoyed longevity having been oft quoted, sometimes as a comedic device, such as in the film Austin Powers and the TV show The Office, and in the deranged rantings of the villainous Joker in the Batman film The Dark Knight.

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Green Building Tax Incentives: Creating Sustainable Buildings, While Increasing ROI

Written by Bill Mark. Updated Nov 17, 2017.

The Protecting Americans from Tax Hikes Act, known as the PATH Act, protects taxpayers against fraud. Some components of the act have expired, but there are still many active components that could benefit your business.

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Green Building Benefits With Tax Incentive 179D

Written by Bill Mark. Updated Oct 31, 2017.

Some people choose to implement energy efficiency changes into their homes and buildings solely out of concern for the environment. However, there are many cost-saving benefits that when outfitting a green building.

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