Source: http://ics-tax.com/news-media/page/2/
Timestamp: 2019-10-15 21:43:02
Document Index: 374972365

Matched Legal Cases: ['§179', '§179', '§41', '§41', '§41', '§179', '§179', '§179']

News - Page 2 of 11 - ICS Tax, LLC
Energy Efficiency Incentives (19)
45L Energy Efficient Home Credit 179 Expense Election 179D Energy Efficient Commercial Building Deduction 1031 Like-kind Exchanges Accounting Methods AICPA Alex Bagne AM 2018-005 Andrew Archambeau ASCSP BE WORTH IT Conference Bonus Depreciation CICPAC Construction Industry Cost Segregation Forbes Magazine Historic Tax Credit IRS Chief Counsel Advice (CCA) 201805001 Jack Mimlitz Jonathan Walgrave Kevin Johnson Lacey Robb Manufacturers Mike Piper Public-Private Partnerships (P3s) Qualified Improvement Property Qualified Opportunity Funds R&D Tax Credit REG-104397-18 Steve Ruda Tax Cuts and Jobs Act (TCJA) Tax Extender and Disaster Relief Act of 2019 Taxpayer Certainty and Disaster Tax Relief Act of 2019 Tax Strategies Thomas Fellure Travis Cansler
Alex Bagne, the President of both ICS Tax, LLC as well as the President of the American Society of Cost Segregation Professionals (ASCSP), co-authored an article on the interplay between Cost Segregation and the Historic Tax Credit for the ASCSP Spring 2019 Quarterly Newsletter....
New Tax Court Case: Taxpayer Failed to Meet Definition of “Designer” under §179D Energy Efficient Commercial Building Deduction Allocation Rule
A recent court case denied a taxpayer the Energy Efficient Commercial Building Deduction under IRC §179D since it could not substantiate that it was the “Designer” under the incentive’s allocation rule....
New Tax Court Case Confirms Burden is on Taxpayer to Substantiate Base Period for the IRC §41 Research Credit
A recent court case denied a taxpayer the Research Credit under IRC §41 since it could not substantiate proper use of the “start-up” base period to calculate its credit rather than use of the 1984-1988 base period. IRC §41 permits a taxpayer to use a base period of either 1984-1988 or, if certain criteria are met, an alternative base period intended to make the credit available to “start-up” companies that were not in business from 1984-1988....
New IRS Chief Counsel Memo Provides Clarification as to Eligible “Designer” for §179D Energy Efficient Commercial Building Deduction on Public Projects
On December 7, 2018, the IRS Office of Chief Counsel released AM 2018-005, which is a memorandum explaining the eligibility for allocation of the §179D Energy Efficient Commercial Building Property Deduction (§179D Deduction) for “designers” of public projects....
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