Why Cost Segregation Matters to Your Business Tax Day has come and gone, and you’re probably already thinking of how to reduce your business’ tax obligation next year. Cost Segregation is a valuable, often overlooked, tax strategy that can increase cash flow...
4 Key Tax Strategies to Generate Cash Flow
The past few years have brought considerable changes to the tax codes. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Tax Cuts and Jobs Act (TCJA), and Energy Policy Act (EPACT) offer immense opportunities for companies to accelerate or increase...
Top 9 Cash Flow Planning Tips
It’s financial reporting and tax time. Do you want more write-offs to offset income? Are you struggling to get more cash flow? Are you mired too deeply in other activities to do something about this? Let us help you. Here are nine Cash Flow Planning Tips that are sure...
Maximize Bonus Depreciation and Increase Cash Flow – Before it Expires
In an effort to encourage commercial investment and stimulate the economy, the Tax Cuts and Jobs Act of 2017 (TCJA) and the Coronavirus Aid, Relief, Economic Security Act of 2020 (CARES Act), allow for additional and/or accelerated depreciation tax deductions. These...
What is Cost Segregation? Answers to Top 8 Questions
Savvy tax professionals are familiar with different methods for accelerating tax depreciation, but not all are familiar with cost segregation. “What is Cost Segregation?” is a question that we hear from even the most seasoned tax people. Or they might be familiar with...
Economic Benefits of a Complete Fixed Asset Management Solution
Implementing a complete fixed asset management solution increases return on investment (ROI) through tax and insurance savings, and productivity improvements – and generates valuable cash flow for the company. Pitfalls of Poor Asset Management Many companies overpay...
10 Reasons Why Engineering-Based Cost Segregation Studies Are Better
You may know that cost segregation can help to reduce your tax liability. But did you know that not all cost segregation studies are created equal? The IRS prefers accounting-based studies, because, of course, your tax liability is higher – and you pay them more...
Maximize Purchase Price Allocation Tax Benefits
One of the fallouts of the COVID pandemic is the influx of distressed commercial properties for sale. This is especially true for the industries hardest hit by the resulting lock downs and ensuing recession, such as hospitality and retail. People had to shelter in...
Section 179D Energy Tax Deduction Now Permanent
The Section 179D Energy Tax Deduction is now permanent. You no longer have to worry about expirations and rely on extensions. The Consolidated Appropriations Act, 2021, signed into law at the end of December 2020, made permanent the Energy Efficient Commercial...
Get a Tax Refund with a Cost Segregation Look-Back Study
Does your company have previously overpaid taxes that you would like to recover – and potentially get a tax refund? A Cost Segregation Look-Back Study is a valuable, often overlooked tool for companies to recover overpaid taxes. The Study identifies misclassified or...
Paragon Featured in Business Ledger: Tax Code, CARES Act & Immediate Cash Flow
The Daily Herald Business Ledger, suburban Chicago’s premier business publication, featured stories about how businesses and landlords are adapting the workplace for the COVID-19 world. Paragon’s CEO and Founder, Rick Swarts, was tapped to share his expertise. In...
Humbled by Saving Jobs, Grateful to Help Companies for 35 Years
Many years ago, a large financial firm sought us out to see if we could help them reduce their tax liabilities and improve their cash flow. Through cost segregation and accelerating their asset depreciation schedules, our team of tax and fixed asset experts was able...
Fixed Asset Tax-Extenders in Year-End Spending Package
The long wait is over! The Further Consolidated Appropriations Act, 2020, was signed into law on December 20, 2019, avoiding a federal government shutdown. The year-end spending bill, H.R. 1865, includes several fixed asset tax provisions that may benefit you. In...
Section 179D Energy Tax Credits Extension
On December 10, 2019, with the intent to fund the federal government through fiscal year 2020, Congress passed six appropriations omnibus or “minibus” bills (H.R. 1865). The $447 billion spending measure includes some tax and other provisions, including a provision...
Cash Flow and ROI Strategies for Hotel Buyers and Investors
Increased cash flow and return on investment – two key concerns if you’re a hotel buyer or investor. Here are some strategies for tax savings that you can employ to reduce income taxes, increase cash flow and accelerate your return on investment. Allocation of...
Cost Segregation: Strategic Prefunding Actions to Improve Financing Success
Are you considering a new building development or renovation project, but your projected cash flow is making it difficult to get funding approval? Do you have the necessary funding, but would like to increase your cash flow and accelerate your ROI? Have you heard...