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Accelerate depreciation deductions with a cost segregation study

Accelerate depreciation deductions with a cost segregation study

Is your business depreciating over a 30-year period the entire cost of constructing the building that houses your operation? If so, you should consider a cost segregation study.It may allow you to accelerate depreciation deductions on certain items, thereby reducing...

Setting up a Health Savings Account for your small business

Setting up a Health Savings Account for your small business

Given the escalating cost of employee health care benefits, your business may be interested in providing some of these benefits through an employer-sponsored Health Savings Account (HSA). For eligible individuals, HSAs offer a tax-advantaged way to set aside funds (or...

IRS issues final QBI real estate safe harbor rules

IRS issues final QBI real estate safe harbor rules

Earlier this year, the IRS published a proposed safe harbor giving owners of certain rental real estate interests the opportunity to take advantage of the qualified business income (QBI) deduction. The QBI write-off was created by the Tax Cuts and Jobs Act (TCJA) for...

California Tax Traps on M&A Transactions

California Tax Traps on M&A Transactions

If you think it’s easy to structure the sale of a business to minimize taxes, think again. Over the last four decades, RJI CPAs has noticed a disturbing trend in California. When an owner sells the assets of a California company, they are going to pay California...

2019 Q4 tax calendar

2019 Q4 tax calendar

Key deadlines for businesses and other employers Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2019. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply...

“Q of E” Your “E” Ticket to a Successful Acquisition

“Q of E” Your “E” Ticket to a Successful Acquisition

If you are thinking of buying or selling a company, you have probably heard the term “due diligence.” What does this term actually mean? Although due diligence can essentially mean validating certain claims that have been made in any context (qualitative or...

How Is the Restaurant Industry Impacted by Tax Reform?

How Is the Restaurant Industry Impacted by Tax Reform?

The Tax Cuts and Jobs Act has yielded just as many questions as answers since its inception. Restaurants structured as C-Corporations enjoy a 21% tax rate, while restaurants operating as “flow-through” entities enjoy the benefit of the 20% deduction of Qualified...