May, 2024
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Add Credibility to Common Area Maintenance Charges
Engaging an independent accountant to report on common area maintenance (CAM) costs can add transparency and accountability to charges allocated to tenants. Accountants have flexibility in the types of engagements they can perform to work with owners or tenants to customize these engagements. Key Insights CAM costs include operating and overhead expenses incurred in the […]
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Section 179 and Bonus Depreciation, A Powerful Combination
Tax planning used to be an exercise that was performed sometime in the fourth quarter. Those days are no longer, as clients need regular consultation and tax planning. One such planning opportunity that is coming up more and more is the potential interplay between Section 179 and bonus depreciation. The Tax Cuts and Jobs Act […]