by Meher Singh, CPA | Aug 26, 2025 | Accounting, Construction, Real Estate, Taxation
What Is a Cost Segregation Study? Under standard tax rules, real estate is depreciated over long schedules—27.5 years for residential rental property and 39 years for commercial property. However, a property is more than just its core structure. Elements such as...
by Meher Singh, CPA | Aug 6, 2025 | OBBBA, Real Estate, Taxation
The One Big Beautiful Bill Act (OBBBA) introduces sweeping changes to the Qualified Opportunity Zone (QOZ) program, fundamentally altering how investors and communities benefit from the program. Most notably, the OBBBA eliminates the program’s previous sunset date of...
by Meher Singh, CPA | May 15, 2025 | Accounting, Federal Taxation, Taxation
Raising a family today comes with rising financial demands, but fortunately, the IRS offers a variety of family tax credits and deductions designed to help ease that burden. These include tax breaks for children, education expenses, adoption, and even unique planning...