Even if you lease your business premises rather than owning them outright, there is a reasonable chance that you will want to make some improvements. Most tenants like to build cabinetry or switch up ...
In previous articles, I’ve explored some of the most common misconceptions in depreciation law. For the most part, the content has focused on prospective issues. I think it’s important to also cover ...
Leases are agreements that transfer the right to use property as a temporary form of ownership or use. Leases are temporary in scope, and the property rights revert to the lessor unless the ...
If you were given the option of magically becoming 23 again -- with the catch being that you had to be 23 in today's world -- would you do it? While having a hip that wasn't slowly turning to dust ...
The new tax reform law is expected to have several implications for real estate professionals, but some things are still unclear. The Tax Cuts and Jobs Act creates limitations for depreciation of ...
Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Buried in the July 4 tax overhaul, formally titled the One Big Beautiful Bill Act, was ...