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.
When conducting a cost segregation study, one essential consideration is the IRC Section 263A adjustment. While cost segregation focuses on accelerating depreciation by reclassifying building components into shorter recovery periods, Section 263A, often called the “uniform capitalization rules,” requires certain costs to be capitalized to property. Understanding how the 263A adjustment works is key to […]
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After months of speculation and political maneuvering, it’s official: 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 […]
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Owning and maintaining a golf course is capital-intensive, from land improvements and irrigation systems to buildings, equipment, and landscaping. While these investments are essential to keeping your course in top shape, they also represent significant costs. Fortunately, cost segregation can help you recover these expenses faster, reduce your tax liability, and free up cash flow […]
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The IRS has issued Revenue Procedure 2025-28, providing long-awaited guidance on how businesses must handle research and experimental (R&E) expenditures following the One Big Beautiful Bill Act (OBBBA). These rules affect how domestic research costs are deducted or amortized, and they include special provisions for small businesses. What Changed Under OBBBA? Previously, Section 174 required […]
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