CPAs in OH, IN, KY, MI, PA, and SC to receive 3 Hours Free CPE
May 31, 2023 – Northeast Ohio’s Tax Credits Group (TCG) and Duffy+Duffy have announced the dates for their summer income tax reduction seminar series, where attendees will learn powerful tax planning tools and strategies to maximize credits and deductions in order to save significant tax dollars for their clients.
The free seminars will be held over 4 separate dates throughout June and will be conducted over a virtual webinar format.
CPAs, CFO’s, accountants, tax preparers or other interested parties can register for an upcoming 3-hour webinar session via the Duffy+Duffy website at: https://costsegexperts.com/free-cpe-seminars/. This event is free and open to all but CPE is only available to CPAs based in Ohio, Indiana, Kentucky, Michigan, Pennsylvania, and South Carolina.
Webinar Dates & Times:
- Monday June 26 – 9:00 a.m.-12:00 p.m. EST
- Tuesday June 27 – 12:00-3:00 p.m. EST
- Wednesday June 28 – 9:00 a.m.-12:00 p.m. EST
- Thursday June 29 – 12:00-3:00 p.m. EST
The Current State of R&D and ERC – Understanding the Implications of Recent R&D Litigation; Upcoming ERC Filing Deadlines (1 Hour)
In this 50 minute session, TCG President Michael Krajcer, CPA, J.D. and Vice President and General Counsel Margaret Krajcer, J.D., Esq., will provide attendees with an overview of 3 recent R&D Tax Credit court cases, as well as the impact that the rulings will have on taxpayers and tax preparers alike; 1) Little Sandy Coal Company Inc. v Commissioner, 2) Boswell v. Commissioner, 3) Stephens v. Commissioner. They’ll also provide an update on the current state of the Employee Retention Credit and the critical filing deadlines that CPAs need to be aware of.
Cost Segregation: The Most Powerful Tax Tool for Real Estate (2 Hours)
During this 100 minute session, Duffy+Duffy President Craig Miller, CPA, CCSP, CGMA, MBA will provide insight on how Engineering-based Cost Segregation Studies are the most valuable tax tool for real estate owners, developers, and tenants in leased space of all types.
Attendees will learn about the interplay with the EPAct Sec. 179D Energy Efficiency tax deduction, the IRS Tangible Property Repair Regulations, and the favorable Qualified Improvement Property classification of building improvements.
Miller will also provide insight and address questions relating to legal authority, IRS requirements, and favorable Case Law governing this niche industry.
A Note from the Instructors:
“With all of the pressures facing today’s busy CPA, it’s hard to stay up to date on ever-changing legislation and regulations, especially in niche tax areas,” said Michael Krajcer. “Our R&D and ERC session is designed to provide CPAs with quick and critical updates that they need to be aware of so that they can better serve and advise their clients during this next filing season.”
“Many CPAs, Tax Advisors, Architects, and Real Estate Brokers are assisting their clients in the maximization of non-cash depreciation and income tax shielding through cost segregation studies,” said Craig Miller. “During the session, I’ll be available to answer questions on legal authority, IRS requirements and the Case Law that governs this niche industry.
About Tax Credits Group
Tax Credits Group (TCG) is a specialty tax consulting firm working to help U.S. businesses of all industry sectors recognize bottom-line tax savings. Based in Cleveland, Ohio, TCG specializes in federal and state Research and Development (R&D) tax credit studies and tax controversy support for small to mid-size manufacturers, software developers, financial institutions and architectural and engineering firms. This extends to business compliance acquisition work for mid to large-size businesses. TCG also specializes in Employee Retention Credit (ERC) studies serving a wide-range of industry sectors including tourism, hospitality, events, restaurants, retail and general service practitioners. Learn more about TCG at www.tcgtax.com.
Duffy+Duffy Cost Segregation is one of the leading Engineered Cost Segregation firms in the industry – performing studies based on case law and IRS guidance using CPAs, architects, construction engineers and construction estimators.
Cost Segregation allows commercial building owners to generate cash flow by accelerating depreciation deductions on their buildings and deferring taxes. An engineering-based Cost Segregation Study is the only method recognized by the IRS to identify Personal Property and Land Improvements contained in a commercial structure.
Duffy+Duffy also certifies the Sec. 179D Energy Efficient building tax deduction as provided by the Energy Policy Act of 2005.