Articles

  • Update Regarding the Status of the Tangible Property “Repair” Regulations
  • Although I have been in discussions with my clients for the past couple of years about the implications of the new repair regulations, many are still in shock over the administrative burdens being placed on them in order to comply with these new standards. I wrote an article last tax season to explain in very […]Read More
  • Implementation Guidance for the New Repair Regulations
  • For the past several months I have been involved in dozens of riveting conversations regarding the new repair regulations promulgated by the Internal Revenue Service.  These regulations don’t really help differentiate between capital and current expenditures; rather, they specify the dollar threshold at which an item will be subject to scrutiny by the Internal Revenue […]Read More
  • OMG What a Mess – 2014 Tax Update
  • We were fortunate that Congress reached a consensus in mid-December to avert another government shutdown in January.  Unfortunately, the government shutdown that occurred in October still forced the IRS to delay 2014 tax season by two weeks. Naturally, no relief was extended to taxpayers (or their preparers), so we will once again be testing the […]Read More
  • Tell Me About S Corporations
  • This is one of those questions that I find myself getting asked at least a dozen times a year.   There are entire books dedicated to this topic, but I know the individuals asking me this question are not interested in mastering the intricacies of Subchapter S.  This article has been written with those individuals in […]Read More
  • Basic Finance for Real Estate Investors
  • One should not confuse direct real estate investments with pure investments in real estate such as purchasing an interest in a publicly traded Real Estate Investment Trust (REIT) or a Master Limited Partnership (MLP).  A pure investment produces income through the skills and efforts of a third party.  This is not the case with direct […]Read More