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 new information affects your tax liability, such as missed deductions, additional income, or a cost segregation study that unlocks major depreciation, you may need to file an amended tax return. But how long do you have to make those changes before it’s too late? Understanding the IRS deadlines for amended returns is critical, especially […]
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If your business invests in research and development, the way you track and document that work has never mattered more. Since the Tax Cuts and Jobs Act of 2017 changed the rules around Section 174, companies can no longer deduct R&D expenses in the year they’re incurred. Instead, those costs must be capitalized and amortized, […]
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Healthcare real estate is among the most energy-intensive commercial property in the country. Operating rooms, imaging suites, laboratories, and 24/7 patient care environments demand sophisticated HVAC, lighting, and building envelope systems, and those systems carry real capital cost. For more than two decades, the Section 179D Energy-Efficient Commercial Buildings Deduction has helped offset that investment […]
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Every year, thousands of businesses across the country conduct qualifying research and development activities, and never claim a dollar of the tax credits they’ve earned. Not because the work doesn’t qualify. But because they simply didn’t know it did. The federal R&D Tax Credit is one of the most valuable incentives available to U.S. businesses. […]
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