This article was written by Ashley Sullivan, Partner, CCSP, and President of the American Society of Cost Segregation Professionals (ASCSP) The rise of platforms like Airbnb and VRBO has made...
The IRS recently issued Notice 2025-42, which makes a significant change to how wind and solar projects establish the “beginning of construction” for purposes of claiming federal clean energy credits....
VIRGINIA BEACH, VA, August 19, 2025 — Ashley Sullivan, a partner at MSC, a national leading provider of cost segregation and energy efficiency studies, has been appointed president of the...
On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) fundamentally altered the treatment of research and experimental (R&E) expenditures. In response, the IRS released Rev. Proc. 2025-28 on...
In October of 2024, MSC announced the official acquisition of tax consulting firm, Probity Tax Recovery, which began operating as a division of MSC last November. This acquisition supported MSC’s...
Clients often ask CPAs about the best entity structure for holding real estate. The typical response? “A Limited Liability Company (LLC).” Sometimes clients follow up with, “Why not an S...
