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.
As the tax landscape shifts in 2025, organizations planning energy-efficient construction or retrofits must act quickly if they hope to capture long-standing incentives before time runs out. The recent passage of the “One Big Beautiful Bill Act” (OBBBA) introduces a definitive sunset for the Section 179D deduction, creating both urgency and opportunity for building owners, […]
Read More
When running a business (or owning real estate), one of the more tedious, and audit-risky, questions is whether an expense should be expensed immediately or capitalized and depreciated over time. The de minimis safe harbor election (under IRS § 1.263(a)-1(f)) offers a helpful shortcut to simplify that decision for many smaller expenditures. Below, you’ll find […]
Read More
In a landmark legislative win for congressional Republicans and the Trump administration, the “One Big Beautiful Bill” has officially passed both chambers of Congress and is now law. This sweeping reconciliation package cements key provisions from the 2017 Tax Cuts and Jobs Act (TCJA), expands select deductions, and reshapes the tax and entitlement landscape for […]
Read More
The Modified Accelerated Cost Recovery System (MACRS) is the primary tax depreciation method in the United States. It allows businesses to recover the cost of eligible tangible property more quickly than traditional straight-line depreciation. By accelerating deductions in the early years of an asset’s life, MACRS provides significant tax benefits that can improve cash flow […]
Read MoreHave a question or need assistance? One of our team members will be in touch within the next business day.
