– By – Alexander Bagne, JD, CPA, MBA, CCSP – ICS Tax, LLC Greg Bryant, CCSP – Bedford Cost Segregation, LLC Curt Gautreau, CPA, CCSP – Cost Segregation Initiatives, LLC Kevin Johnson, CCSP, LEED AP – ICS Tax, LLC Malik Javed, CCSP – KBKG, Inc. The 2017 Tax Cuts and Jobs Act (TCJA) consolidated three […]
An Unfortunate Article, Clarifying Misconceptions in the Cost Segregation Industry
The primary mission of The American Society of Cost Segregation Professionals (ASCSP) is to create quality standards for the cost segregation industry. Cost segregation is a valuable tax planning tool allowing for accelerated deductions for investments in real estate. The organization strives to create an awareness of these quality standards to CPAs, other tax specialists, real estate […]
Dispositions: IRS Increases Scrutiny for a Valuable Tax Strategy
– by – Alex Bagne, JD, CPA, MBA, CCSP – President of ICS Tax, LLC & Curt Gautreau, CPA, CCSP – President of Cost Segregation Initiatives On January 1, 2014, the partial disposition regulations of IRC § 168 went into effect allowing taxpayers to recognize gain or loss on the partial disposition of tangible depreciable […]