Real Estate

The One Big Beautiful Bill Act (OBBBA) restored 100% bonus depreciation on a permanent basis for qualified property acquired after January 19, 2025. That change is especially important for businesses that make capital investments, including equipment purchases, facility improvements, and construction projects. Later, the IRS released Notice 2026-11 to explain how taxpayers can apply the revised rules. For business owners, the guidance clarifies the timing rules, elections, and other details that can affect eligibility and help businesses maximize the benefit of bonus depreciation.

The IRS has released Notice 2026-11, clarifying how 100% bonus depreciation works under the One Big Beautiful Bill Act (OBBBA). The interim guidance outlines the timing rules, available elections, and the types of property that qualify now that the full deduction is back in place. These issues are particularly important for any business investing in equipment, upgrading facilities, or managing multi-year projects. This guidance will ensure businesses can take full advantage of this compelling tax savings tool.

Organizations across every sector are asked to provide financial statements at one point or another. A bank needs them for a loan renewal. A foundation wants to see them before releasing a grant. These requests often come with deadlines, but not always with clear instructions. Many leaders hear the terms compilation, review, and audit and wonder what the differences mean for the organization. This often depends on how the financial statements will be used and what level of assurance outside parties need. Understanding these distinctions helps organizations avoid delays, reduce costs, and meet compliance obligations.

It’s been several weeks since the federal government shut down on October 1, 2025. Since then, many agencies have closed or are operating with only partial staff. Economists estimate that each week of the shutdown could trim about 0.1 percentage point from quarterly GDP growth, roughly $6-7 billion in lost activity across the economy.

New tariffs are pushing up the cost of key materials used in construction and real estate development. A 25% tariff on imported steel and aluminum is already in effect, and additional tariffs may take effect in early April. With construction costs already high and supply chains still recovering from past disruptions, these trade policies are introducing more uncertainty into project planning and budgets. For businesses that rely on imported materials, the coming months could bring higher costs, potential delays, and sourcing challenges

Businesses, nonprofits, and other organizations investing in renewable energy may qualify for two key federal tax incentives that significantly reduce project costs. The Investment Tax Credit (ITC) provides a percentage-based credit for the upfront costs of installing renewable energy systems, while the Production Tax Credit (PTC) offers a per-kilowatt-hour credit for electricity generated by qualifying systems over time.

Millions of Americans leave behind retirement accounts every year due to job changes, incomplete records, or failing to roll over funds. An estimated 29.2 million forgotten 401(k) accounts hold approximately $1.65 trillion in assets. In response to this growing issue, the Department of Labor (DOL) created the Retirement Savings Lost and Found (RSLF) database under the SECURE 2.0 Act of 2022. 

The Department of Labor (DOL) recently appealed a federal ruling that overturned the previously established overtime rules on salary thresholds. This has set the limits for the Fair Labor Standards Act (FLSA) back to levels set in 2019. While we wait to see what might happen with the appeal during a period of changing Presidential administrations, there are several important considerations companies should make.

With the election results finalized, business leaders are preparing for potential shifts in tax policy under the new administration. President-elect Trump’s focus on making the Tax Cuts and Jobs Act (TCJA) permanent has sparked interest in many Atlanta business owners. However, the details of the tax agenda remain unclear. As the fiscal debate unfolds, businesses will need to stay alert to the possible changes that could shape tax planning, optimization, and financial strategies in the years ahead.

On October 3, 2024, the Financial Crimes Enforcement Network (FinCEN) released updated Frequently Asked Questions (FAQs) regarding the Beneficial Ownership Information (BOI) Reporting rule. These updates address key aspects of the Corporate Transparency Act (CTA) to provide clearer guidance to reporting entities.