IRS Issues Final Regulations for 100% Bonus Depreciation

   October 3, 2019

The 2017 Tax Cuts and Jobs Act (the “TCJA”) temporarily increased the bonus depreciation deduction to 100% while also extending […]

Cost Segregation and Tax Reform: Qualified Improvement Property

   August 19, 2019

The 2017 Tax Cuts and Jobs Act (TCJA) made changes to qualified property definitions and the application of bonus depreciation […]

North Carolina Sets ‘Kaestner’ Refund Deadline in July 2nd Notice

   July 8, 2019

On June 21, 2019, the US Supreme Court ruled in N.C. Department of Revenue v The Kimberley Rice Kaestner 1992 […]

Research Credit Disallowed Due to Lack of Supporting Documentation

   June 26, 2019

In the recent Siemer Milling Company v. Commissioner (T.C. Memo 2019-37, 4/15/2019), the United States Tax Court found in favor […]