Category · 7 articles
IRS Rules, Form 3115 & Compliance
Method changes, §481(a) adjustments, audit posture, documentation, recapture and substantiation.
The look-back study: how Form 3115 recovers years of missed depreciation
One form, one catch-up, no amended returns. The mechanics in full.
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Section 481(a) adjustments in detail
What gets computed, which direction it runs, and when it is spread rather than taken at once.
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Reading the IRS Cost Segregation Audit Techniques Guide as an owner
The Service published the criteria. Knowing them tells you whether your study is any good.
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Repair or improvement? The tangible property regulations for building owners
Deduct it now or capitalise it over 39 years. The tests that decide, in usable form.
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What documentation a study needs, and what to do when it does not exist
Missing records are normal. They change the method, not the outcome.
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Eight errors that turn a good study into an examination problem
Every one of these is avoidable, and every one of these gets made.
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Having an existing study reviewed: what a second look usually finds
Older reports frequently missed things that are still correctable today.
Read →No-cost feasibility review
Find out what your building is hiding.
A feasibility review is free and takes about twenty minutes. Bring the closing statement and the depreciation schedule; we will tell you plainly whether a study pays for itself.