A revised Form 3115, Application for Change in Accounting Method, dated December 2015, has been issued, the IRS announced on Thursday. This new version of the form is the first revision since 2009.
The RE Cost Seg team breaks down everything real estate investors need to know about IRS Form 3115, the Application for Change in Accounting Method. Form 3115 is a key tax form used when making ...
I'm hoping that John Koskinen the IRS Commissioner will take notice of this. I have some hope because I have the impression that Tax Girl and the Commish are buds. If he can act quickly he still has a ...
The Internal Revenue Service has substantially simplified the requirements for small businesses to adopt the “repair regs” for 2014. Small businesses implementing the repair regulations for 2014 can ...
The IRS on Wednesday posted a draft version of a revised Form 3115, Application for Change in Accounting Method, which incorporates revisions to the process for requesting accounting method changes ...
If you are about to file a Form 3115 requesting a change in accounting method, you should be aware that the IRS released new guidance yesterday in the form of Revenue Procedure 2015-33. This new ...
That massive sigh of relief that you will be hearing over the next couple of days is coming from all the people who prepare tax returns for the little people (Those with average annual gross receipts ...
It cannot be put off any longer. We have known about the new repair regulations in one form or another for several years now. We have had proposed and then temporary guidance that we could choose to ...
The CARES Act, enacted on March 27, 2020, [1] provides important relief for partnerships including a correction to the bonus depreciation rules for qualified improvement property (QIP) under Section ...
NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- RE Cost Seg, a leading provider of cost segregation studies and innovative tax tools for real estate investors, is excited to announce the launch of its ...
(MENAFN- GlobeNewsWire - Nasdaq) Leading cost segregation study provider RE Cost Seg introduces IRS Form 3115 Preparation service, empowering Real estate investors with enhanced tax strategies NEW ...