Tax laws and regulations are constantly changing, and it can be difficult to keep up with it all. In this blog, CSSI experts share their insights around the most relevant issues and developments impacting your tax situation.
100% bonus depreciation is back thanks to the recently passed One Big Beautiful Bill Act (OBBBA), popularly dubbed the “Big Beautiful Bill.” The bill revives one of the most powerful tax incentives for businesses, allowing them to fully deduct the cost of qualifying assets in the year they are placed in service. This legislative shift […]
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Understanding federal tax rules for your home can save you thousands. This guide covers the key deductions, exclusions, and strategies every homeowner should know. What Does Owner Occupied Mean for Federal Tax Purposes Owner-occupied means you live in the property as your primary residence. The IRS typically requires you to: This distinction determines which tax […]
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Understanding how tax brackets work is essential for effective financial planning. With the IRS releasing its 2026 tax bracket adjustments, now is the perfect time to review how these changes might affect your tax liability and take-home pay. Whether you’re planning retirement contributions, considering major purchases, or simply want to understand your tax situation better, […]
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Many residential rental property owners are discovering the significant tax benefits of cost segregation studies. While traditionally associated with commercial properties, these studies can provide substantial tax savings for residential rental and short-term vacation properties as well. Let’s explore how cost segregation can work for your rental property investment. What Types of Residential Rental Properties […]
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