January 21, 2025

How Cost Segregation Can Reduce Capital Gains Taxes

reduce capital gains tax with cost segregation

Understanding Capital Gains in 2025  A capital gain occurs when you sell an asset for more than you paid for it. Over the past few years, many investors have reaped significant capital gains, particularly from stock market investments and real estate. These gains, however, are subject to capital gains taxes, which can have a considerable […]

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December 30, 2024

Will 100% Bonus Depreciation Return in 2025? Latest Updates and Predictions

As the dust settles from Congress’s latest debates over funding the government through March, many business owners, tax professionals, and commercial property investors are left wondering if 100% bonus depreciation will be reinstated for the first year of asset use. The phase-down of bonus depreciation, as set in motion by the Tax Cuts and Jobs […]

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November 14, 2024

Trump’s Proposed Tax Changes: What They Mean for Bonus Depreciation and R&D

CSSI Bonus

As the nation’s leading provider of engineering-based cost segregation studies and R&D tax credit services, CSSI is closely monitoring potential changes to business tax policy. Two key areas of focus under the proposed Trump administration policies could significantly impact how businesses handle depreciation and research expenses. The Return of 100% Bonus Depreciation The current phase-out […]

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November 12, 2024

Form 3115 Filing Guide: Complete Instructions for Changing Accounting Methods

Instructions for Changing Accounting Methods

A Form 3115 is called the “Application for Change in Accounting Method.” It is for an automatic change in any method of accounting. A form 3115 is filed to change either an entity’s overall accounting method or the accounting treatment of any item, such as switching to the accrual method, accelerating depreciation, expensing a previously […]

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