Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “Cost Segregation Studies for the Hospitality Industry: Does it Increase the Likelihood of Audit?” by Guest Contributor Harry Sahi, Manager – Cost Segregation, KBKG. “A common concern raised by business owners in the hospitality industry regarding cost segregation studies Read the full article…
One of the most common concerns raised by restaurateurs regarding Cost Segregation Studies is whether it increases the likelihood of an IRS audit down the road. While it’s well documented that these studies are accepted by the IRS if performed properly, there isn’t much evidence suggesting the implementation of a cost segregation study on a Read the full article…
If you want the best possible ability to receive full tax benefits from your properties, then you’re going to want to understand and take full advantage of Cost Segregation. At the most basic level, Cost Segregation can be described as “asset evaluation”. You’re basically taking inventory of your assets, identifying exactly what those things are, Read the full article…
It may have been one of the most hotly contested, controversial campaigns in living memory, but there can be no denying the outcome of the 2016 US presidential election is generally friendly for business. President Donald Trump and the Republican Party both agree that that tax reform is a top priority to help stimulate the Read the full article…
