KROST

MAY 11, 2021

While the benefits can be retroactively claimed if missed on previous tax returns, many miss out on the credit or deduction due to the temporary nature of the provisions. KROST Quarterly is a digital publication that highlights some of the hot topics in the accounting and finance industry.

Real Estate 52

Real Estate Tax Delaware tax return 52

KROST

MARCH 16, 2021

2020-25, allowing taxpayers to file a change of accounting method using Form 3115 with the current year of income tax return filing to catch up on the missed depreciation on qualified improvement property. KROST Quarterly is a digital publication that highlights some of the hot topics in the accounting and finance industry.

Real Estate 52

Real Estate tax return Delaware Tax 52

KROST

JANUARY 13, 2021

Hence, taxpayers in those states will have to report depreciation recapture on their state tax returns and will not be able to take bonus depreciation on the incidental personal property received in the exchange to offset the state tax burden. Federal vs. State. New Provision to the Proposed Regulations.

Real Estate 52

Real Estate tax return Tax Delaware 52