Ideas & Insights

The final regulations broaden the definition of real property compared to the more restrictive definition in the proposed regulations.

Procedural guidance provides taxpayers with an opportunity to apply bonus depreciation regulations retroactively and reconsider elections.

Revenue Procedure 2020-37 lists depreciation limits for owners and lessees of passenger automobiles placed in service or leased in 2020.

Many companies miscalculate the available accelerated depreciation on qualified leasehold improvements. Is your company one of them?

The Coronavirus Aid, Relief and Economic Security Act has led to significant tax changes and relief for real estate owners and operators.

Procedures provide guidance for the retroactive expensing of qualified improvement property and reconsidering of elections.

Immediate and retroactive expensing of qualified improvement property creates tax saving opportunities for taxpayers.

If your company owns or leases energy-efficient commercial buildings, you may be eligible for a deduction for associated property costs.

Fully-depreciated fixed assets can haunt your property taxes for years. Identify and fully dispense ghost assets to avoid excess taxation.

This guidance provides updates on the tax treatment of remodel or refresh expenditures and a safe harbor method of accounting for qualified taxpayers.

RSM overviews recent guidance on the tangible property regulations and the effects on tax reporting to help ensure compliance is maintained.

Fixed asset management is an operational and tax requirement that is often overlooked as an area for improvement. What is your opportunity?

As companies grow, fixed asset management can become complex. How can you comply with the disparate rules, control expenses and maximize opportunity?

Use our guides to gain an understanding of the compliance requirements related to the final tangible property regulations.

Defensible classification of fixed assets is important. Learn how our tax experts can help you turn business tangible property into an advantage.

Cost segregation studies accelerate the depreciation of tangible property and can create opportunities to maximize operational cash flow.

Learn how RSM helped a dental management company address wide-ranging tax concerns through an outsourcing arrangement.