News / December 14, 2022
Most business owners understand the tax advantages of Bonus depreciation that allows them to write off a large portion of the cost of qualifying assets in the year purchased. This can be a significant tax savings for business owners by encouraging investment in new and used equipment and property each year. The bonus depreciation rate … Continue reading 100% Bonus Depreciation…Time is running out
News / January 31, 2022
The IRS has released a new procedure that updates the list of automatic accounting methods changes that may be made by filing a form 3115 with your next timely tax return. Rev Proc 2022-14 lists 166 different accounting methods eligible to be changed using the automatic change procedures. Each accounting method contains a description of … Continue reading IRS provides updated list of automatic change accounting methods
If you are acquiring, expanding or building a facility Pinnacle’s Cost Segregation team can help you minimize your tax bill and increase your cash flow.
Whether you are looking for compliance assistance or refund opportunities, Pinnacle will provide a clear vision and coordinated plan to minimize your state and local tax cost and liabilities.
Learn how your company’s activities to improve your design, products or process can lead to significant R&D tax credits.