Articles

• Depreciation on property with mixed-use may provide tax advantages.
  Classifying real property assets with a shorter life recovery period can increase the current annual depreciation deduction.

• Section 1446 Withholding Tax
  Section 1446 of the IRS Code requires a partnership that has foreign partners to withhold tax on income effectively connected with a U.S. trade or business.

• Current Status of Reporting Foreign Bank and Financial Accounts
  The requirement to report the ownership of foreign bank and financial accounts has been in place for many years, but until the recent UBS scandal it was treated more like a formality and was probably not given too much attention by practitioners who have

• Small Business Jobs Act Article
  President Obama signs Small Business Jobs Act into law

• Tax Consequences of Debt Modifications
  Examining the tax consequences of debt modifications with regards to IRS regulations

• Financial Reporting for the Real Estate Industry
  International financial reporting standards and financial reporting for the real estate industry

• Cost Segregation Studies and Tax Savings
  Properly executed cost segregation studies have the potential for significant tax savings

• Benefits of Utilizing Cost Segregation Studies
  Examining the benefits of utilizing a cost segregation study in a challenging economy

• Plan on Changes to Depreciation Rules
  As a result of the economic downturn, the federal government has enacted a number of generous provisions in the tax law over the last several years that have been aimed at increasing investment in real property and otherwise improving the economy as a whole.

• Tax Advantages of a Deed In Lieu of Foreclosure
  Sandy Klein discusses tax advantages of a deed in lieu of foreclosure