If you’ve been holding a 2025 New York return because of the Section 174 / 174A issue, the wait is finally over. New York State has issued Notice N-26-1, “Reporting...

This article was written by Ashley Sullivan, CCSP, Partner MSC, President, American Society of Cost Segregation Professionals. On March 18, 2026, the Internal Revenue Service issued Revenue Procedure 2026‑17, providing...

This article was written by Ashley Sullivan, CCSP, Partner MSC, President, American Society of Cost Segregation Professionals. The OBBBA expanded the depreciation landscape by introducing Qualified Production Property (QPP), a...