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Prime Tax Group Cost Segregation Article

How Commercial Real Estate Owners Benefit From Cost Segregation

First, let’s briefly cover the definition of Cost Segregation. Cost Segregation is a tax saving strategy which enables individuals and companies who have purchased, expanded or remodeled real estate in an effort to increase cash flow by speeding up deductions or depreciation and deferring state and federal income taxes. In a cost…

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Avoid IRS Audit Traps With These 5 Tips

Except for tax protesters, no one wants to fight with the IRS. But exactly how do you avoid it? It’s a big worry, especially when the IRS can audit 6 tax years not 3. You…

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A Home Run For U.S. Small Businesses!

A Home Run for U.S. Small Businesses! Congress recently enacted the “Protecting Americans from Tax Hikes (PATH) Act of 2015″ (P.L. 114-113, 12/18/2015).  Three significant taxpayer-friendly changes made in the tax law are Credit Permanency,…

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