Renovations… all on schedule

Renovations… all on schedule

Owners of income-producing properties are eligible to claim depreciation deductions due to the wear and tear on the structure of the building and the plant and equipment assets contained within it. Many investors lack the knowledge to claim these deductions correctly,...

Perfect timing

Additional incentives There is no question that updating systems or migrating to cloud platforms is an expensive proposition. However, there are compelling reasons to move to new technology. Security has become one of the key drivers. By now, we should all be aware...
From clay to cloud

From clay to cloud

So I talk about clay tablets and 7,000 BC. Some of you may know that several thousand years ago, accounting was heavily focused on crops and cattle. Babylonians, Sumerians and Mesopotamians needed to count bushels and cows. This is relatively easy when you’re part of...
Crossing the threshold boundaries

Crossing the threshold boundaries

In order to satisfy these two thresholds and access the SBCGTC, some taxpayers consider restructuring, which may involve disconnecting entities or reducing assets or increasing liabilities. But, as the following case demonstrates, care must be exercised. In Track...
Auditing and the three Es

Auditing and the three Es

The Institute of Internal Auditors defi nes internal auditing as “an independent, objective assurance and consulting activity designed to add value and improve an organisation’s operations. It helps an organisation accomplish its objectives by bringing a systematic,...