Congress finally passed legislation that corrects a drafting error related to real estate qualified improvement property and first-year bonus depreciation.
Let’s look at three issues that contractors should keep an eye on in light of the CARES Act: payroll, losses and qualified improvement property.
The CARES Act contains a beneficial change in the tax rules for many qualified improvement properties.
Special tax breaks that allow deductions to be taken more quickly are available for certain real estate investments. There are two breaks you might not be able to enjoy due to …