The Specialty Tax Credit & Incentive Blog

Learn what Accelerated Depreciation is and the difference between it and “Standard” depreciation in your real estate investing.

Opportunity Zones Map stand out as beacons of promise in America’s vast economic terrain. More than just geographical markers, they represent a confluence of investor incentives and community revitalization. These zones merge tax benefits with avenues for meaningful impact. They reveal not just a profitable venture but a chance to shape community futures while bolstering financial gains.

Cost segregation can offer real estate owners notable tax savings by accelerating depreciation deductions. But is DIY the way to go? Given its intricacies and potential penalties for errors, many lean towards expert intervention. In tax matters, professional guidance often proves invaluable.

Navigating the world of innovation in 2022? The R&D tax credit offers a potent financial boost for businesses. Uncover who qualifies, its advantages, and how it can be a catalyst for growth in our latest exploration.

Unlock the potential of your research and development activities with our comprehensive brochure, “Demystifying the R&D Tax Credit.” This valuable resource provides an in-depth yet easily digestible guide to understanding the complexities of R&D tax credits, offering a step-by-step breakdown on eligibility criteria, calculation methods, and claiming procedures. By leveraging this underutilized financial incentive, your … Read more

Are you confused about the complexities of the capitalization amortization issue? “The Capitalization Amortization Issue” brochure is an indispensable resource for anyone looking to untangle these critical financial concepts. Crafted to suit both beginners and experts, the brochure delves into the core principles, key differences, and practical applications of capitalization and amortization, demystifying them through … Read more

Don’t miss out on significant financial relief for your business! Our brochure on the “Employee Retention Tax Credit” offers a comprehensive guide on how you can qualify for tax advantages under the CARES Act. This essential credit can potentially save your company thousands of dollars by offsetting payroll costs, helping you keep your team intact … Read more

Many CTA clients have been wondering how their PPP Loans and Loan Forgiveness applications would affect their 2020 tax returns, and by extension, their R&D Credits. Thankfully, congress addressed the issue over the Christmas break.  The omnibus spending and coronavirus relief bill passed by Congress was signed into law on Dec. 27. The bill clarifies … Read more

United States TAX COURT WASHINGTON, DC 20217 POPULOUS HOLDINGS, INC., Petitioner(s), v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 405-17. ORDER On March 15, 2019, the parties filed cross-motions for summary judgment on the issue of whether petitioner is entitled to a credit for qualified research expenses under section 41 for 2011, specifically whether the … Read more