Dr. John Connors Archives - Cost Segregation Services Inc.

April 27, 2021

Final Regulations Issued on Small Business Tax Accounting & Long-term Contracts The IRS has issued

April 20, 2021

Final Carried Interest Regulations The IRS has issued final regulations under Code §1061, which requires

March 30, 2021

Forgiven PPP Loan Monies One of the most-asked questions in both the recent fall tax

March 23, 2021

Qualified Residential Living Facilities The IRS is providing a “safe harbor” for “qualified residential living

February 23, 2021

IRS Sending Letters to Taxpayers About Qualified Opportunity Funds The IRS has started sending letters

February 16, 2021

Code Section 1031 The IRS has issued final regs to implement recent statutory changes to

January 26, 2021

PPP Safe Harbor The IRS has issued a safe harbor allowing a taxpayer to claim

January 19, 2021

PPP Loan Normally, when a debt is cancelled or forgiven, Code §61(a)(11) dictates that the

December 29, 2020

Notice 2020-23 In an answer to a question posted on its website, the IRS has

December 22, 2020

Conservation Easement A partnership conveyed a conservation easement to a charity. Under the terms of

November 24, 2020

QIP Depreciation The IRS has issued guidance which allows a taxpayer to change its depreciation

November 17, 2020

Centralized Partnership Audit Website The IRS has launched its Bipartisan Budget Act (BBA) Centralized Partnership