Are you really WITH your clients and colleagues? Check out this interview with Bill George that will shed light on how three types of empathy add value to all of your relationships: Good stuff – especially for accountants (and engineers )who are trained to be more analytical than relationship-oriented. When you show deep empathy […]
Look – he’s talking about you, the Millennial Accountant! … powerful forces are reshaping the marketplace, and CPA marketing must adapt to keep up. What are these changes, and how can firms advance their marketing practices to get ahead? Let’s take a closer look. … Add to this potent mix the emergence of millennials – many […]
Wherever you are on your career path, honing your leadership skills will serve you well. No one ever became a great leader without first becoming a great communicator. Great leaders connect with people on an emotional level every time they speak. Their words inspire others to achieve more than they ever thought possible. Great communicators […]
Cost Segregation – A Useful Tool for CPAs A common depreciation scheme for a real estate purchase is to incorporate the entire cost of the building into a 39-year straight-line depreciation schedule. The cost segregation approach to depreciation provides a money-saving alternative that can lower tax bills and increase cash flow. Under cost segregation, the […]
Partial Disposition Prevents Simultaneous Depreciation Partial disposition refers to the disposition of part of a larger asset separately from the remainder of the asset, typically when a portion of the asset is replaced before the entire asset is depreciated. The IRS adopted partial disposition rules for Modified Accelerated Cost Recovery System (MACRS) assets with the […]
Cost Segregation Basics Cost segregation is an alternate method of depreciation in which pieces of a property are classified into separate categories for tax purposes. Instead of applying a typical 39-year depreciation cycle on the entire property and its contents, Cost Segregation allows some asset classes to be depreciated faster, resulting in near-term tax savings. […]
Titan Echo makes the cost segregation process fit the various needs of clients and levels of service – making it cost effective for any size project. Titan Echo exceeded our expectations!
Judy MartillaroTax Partner | Zarlengo Raub, LLC