Taxes

The Final Tangible Property Repair Regulations are in full effect, yet many taxpayers are not in compliance or are missing opportunities to take full advantage of these new rules. This session covers compliance requirements as well as potential tax planning strategies on both a retroactive and prospective basis. Our presenter will also go over in-depth examples and real-life case studies. Participants will be better able to identify tax saving opportunities and be in compliance with these new regulations. Discussion Leader: Amar Patel

Cost segregation and Tax Deferred Exchanges of Real Estate under IRC 1031 are two of the most valuable tax planning concepts that a real estate owner can utilize today. This presentation will provide insights on how a taxpayer can utilize both effectively and maximize their tax deferrals. We will also go over in-depth examples and case studies. Discussion Leader: Amar Patel

What changes have the legislature, Department of Revenue and the courts brought to us South Carolina? Discussion Leader: Bill Strickland

Are you leaving money on the table and not claiming all the South Carolina tax credits your clients are entitled to? Discussion Leader: Bill Strickland

This webinar will cover the fundamentals of a Cost Segregation Study, updates for bonus depreciation, importance of 1031 exchanges and their interaction with cost segregation and more. Come learn how you and your clients can take advantage of these tax incentives and understand their importance to real estate investors! Discussion Leader: Winston Shurtz

The taxation of real estate can lead to some surprising results – especially when property is sold. Depreciation recapture can negatively impact a taxpayer’s taxable income in the year of the sale and lead to an unexpected tax bill. In this course, we will use practical examples and illustrations to explore the different types of recapture provisions pertaining to real estate. We will then discuss when relief may be available for a taxpayer who may have forgotten to take depreciation deductions in previous tax years. Discussion Leader: David Peters

The taxation of real estate is tricky. Taxpayers can own real estate in a number of different ways, including direct and indirect investments. There are numerous exceptions to being classified as a rental activity too. And how do you know if someone is a real estate professional? In this course, we will explore all of these issues and many more! Through real-world examples and discussion, this episode in our Understanding Real Estate Taxation series will delve into exceptions to rental status, qualifications for material participation, and requirements for active status. Discussion Leader: David Peters

Beginning January 1, 2024, a significant change is coming that could affect a big chunk of your clients. Whether they’re single-member LLCs, small multi-member LLCs, small S corporations, small C corporations, Limited Partnerships or Statutory Trusts, they may be required to provide detailed reporting on their beneficial owners—the people who own or control these entities. 
The new FinCEN reporting applies to many of your clients, including those who own rental properties in an LLC. Discussion Leader: Bradley Burnett

Federal tax compliance is required for a successful business. Many say the tax law is complex. That is, no doubt, true and that complexity is increased by constant changes: the IRS, Tax Court, Congress . . . all making and interpreting tax rules. You must keep up with those changes in order to be a valuable advisor to your clients. Discussion Leader: Arthur Werner

Stay ahead in the ever-evolving world of tax regulations with this course designed for tax practitioners. Dive deep into the complexities of Form 1040 and review the latest tax legislation. Learn about new credits and deductions, understand income exclusions, and gain practical insights for optimizing benefits for your clients. Discussion Leader: Art Werner