Tax Method Changes for Clients with Real Estate and/or Middle-Market Businesses
Guest Expert: Eric Wallace, CPA, Tax Method Changes
Date:
Webinar Replay Description
Clients with wealth typically have good portions of that invested in real estate and/or small businesses. If that is your client’s situation, please join CPA Eric Wallace to learn “Tax Method Change Opportunities” for those clients. Two methods are applicable to taxpayers who own and use real estate in their business or hold real estate as investment assets. Those two methods are: (1) Cost segregation and (2) Tangible Property Regulations The third one is tax method changes applicable to large service providers (annual revenues in $35MM+0, such as medical, transportation, construction, professional services, etc.
Comments
A few comments from listeners when they were asked what the learned from the webinar:
I didn't know some things were deductible rather than depreciable. That could be very valuable. Thank you!
- Christian H.
I have a better understanding of accounting methods for tax accounting and the options and rationales for filing for a change in tax accounting method. This was an excellent presentation. It was memorable.
- Mark Z.
So many changes to the tax law, as usual.
- Bruce W.
I didn't know some things were deductible rather than depreciable. That could be very valuable. Thank you!
- Christian H.
I have a better understanding of accounting methods for tax accounting and the options and rationales for filing for a change in tax accounting method. This was an excellent presentation. It was memorable.
- Mark Z.
So many changes to the tax law, as usual.
- Bruce W.
Tax Method Changes for Clients with Real Estate and/or Middle-Market Businesses 06-05-2024
Attendees Comments:
I didn't know some things were deductible rather than depreciable. That could be very valuable. Thank you!
- Christian H.
I have a better understanding of accounting methods for tax accounting and the options and rationales for filing for a change in tax accounting method. This was an excellent presentation. It was memorable.
- Mark Z.
So many changes to the tax law, as usual.
- Bruce W.