Purchasing Interest In Real Estate – Fresno CPA

Purchasing Interest In Real Estate

Are you thinking about purchasing interest in real estate? Since real estate is often owned within partnerships, one way to invest in real estate is to purchase an interest in a real estate holding partnership from a previous member, or if you are currently invested in real estate through a partnership you can increase your…

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IC-DISC-Process-and-Tax-Deferral – Fresno CPA

IC-DISC Process and Tax Deferral

I recently wrote a post on the benefits that IC-DISC provide to companies who export. In this supplement, I will explain the actual steps involved and the additional incentive that may allow you to defer 100% of the tax. These are the details you will need to know if you plan on taking advantage of…

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Gain on Real Estate Sale Analysis – Fresno CPA

Gain on Real Estate Sale Analysis

Nothing in real estate is a guarantee. A Gain on Real Estate Sale Analysis can help provide a clearer picture about a potential purchase. Experts are constantly trying to get ahead of the curve, bubble and trends. However, as a seller of real estate, it’s possible to reduce your uncertainties to a minimum, and to…

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Construction Fraud – Fresno CPA

Internal Controls for Contractors

In no other industry is fraud more prominent than in the construction industry. In fact, data from a recent fraud study released by the Association of Certified Fraud Examiners (ACFE), makes this point. According to the report, the median fraud loss among construction firms in the study was $245,000, nearly twice the rates for companies…

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Planning An Equipment Purchase – Fresno CPA

Planning An Equipment Purchase

One of the best tax breaks available to manufacturers is the Section 179 deduction, which allows you to take a current deduction on equipment and business vehicles, rather than depreciating it over many years. This post is an update with 2015 numbers. Currently, the maximum amount for 2015 is $25,000 (*see below for a potential…

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