info@krscpas.com   |   201.655.7411
We’re Hiring!   |   Contact   |   Client Portal   |   Secure Payments
Logo Logo Logo Logo Logo
  • About Us
    • Partners
    • Staff
    • Our Core Values
    • Grow Your Career at KRS
    • Testimonials
  • Industries
    • E-Commerce
    • Closely-Held Businesses
    • Home Health Care
    • International Businesses
    • Law Firms & Professional Services
    • Private Client Advisory
    • Real Estate
    • Staffing Companies
    • Start-ups
  • Services
    • Client Accounting Services
    • Assurance
    • Business Tax Services
    • Business Valuation & Litigation Support
    • Consulting & Advisory
    • Estate Planning & Administration
    • Individual Tax Services
    • SALT Accounting Services
  • Resources
    • News & Events
    • Pandemic Recovery Updates
  • Contact
  • About Us
    • Partners
    • Staff
    • Our Core Values
    • Grow Your Career at KRS
    • Testimonials
  • Industries
    • E-Commerce
    • Closely-Held Businesses
    • Home Health Care
    • International Businesses
    • Law Firms & Professional Services
    • Private Client Advisory
    • Real Estate
    • Staffing Companies
    • Start-ups
  • Services
    • Client Accounting Services
    • Assurance
    • Business Tax Services
    • Business Valuation & Litigation Support
    • Consulting & Advisory
    • Estate Planning & Administration
    • Individual Tax Services
    • SALT Accounting Services
  • Resources
    • News & Events
    • Pandemic Recovery Updates
  • Contact

Jul 11 Tax Implications on Sale of a Partnership Interest

Last Updated Jul 11, 2018 in Get Real: Real Estate Life Cycle Insights
Share

In determining gain or loss on sale of a partnership interest, taxpayers are often surprised to find they have a taxable gain. This post reviews some typical examples of such a sale and how they are treated for tax purposes....

Read More

Mar 01 The New Tax Law and Business Interest Expense

Last Updated Mar 01, 2018 in Get Real: Real Estate Life Cycle Insights
Share

The new tax law places a new limit on the amount of interest expense businesses can deduct on their tax returns. This new limit will punish over-leveraged companies and discourage companies from becoming too leveraged. Starting in 2018, businesses can only deduct interest based upon...

Read More

May 10 What Is an UPREIT ?

Last Updated May 10, 2017 in Get Real: Real Estate Life Cycle Insights, KRS Blog
Share

An Umbrella Partnership Real Estate Investment Trust (UPREIT) can provide tax deferral benefits to commercial property owners. This post discusses the tax implications for UPREITs....

Read More

Jan 06 2017 Federal Tax Changes Business Owners Need to Know

Last Updated Jan 06, 2017 in Get Balanced: Bookkeeping Made Easier, KRS Blog
Share

Tax season is upon us, and with it comes a variety of changes that business owners need to know about. This post shares an overview of some of the most important changes. ...

Read More

Nov 07 Real Estate Trends – Foreign Sellers

Last Updated Nov 07, 2016 in Get Real: Real Estate Life Cycle Insights, KRS Blog
Share

Acquiring U.S. real estate from a foreign seller? Make sure you are familiar with your filing obligations under FIRPTA. ...

Read More

Sep 28 Why do investors want to participate in Zero Cash Flow deals?

Last Updated Sep 28, 2016 in Get Real: Real Estate Life Cycle Insights, KRS Blog
Share

Zero cash flow deals do not provide current cash flow, but can offer tax savings through depreciation deductions and appreciation of the real estate in the long-term....

Read More

Sep 14 Will Your Taxable Gain Be Calculated Properly? Make Sure You Are Using The Correct Basis

Last Updated Sep 14, 2016 in Get Real: Real Estate Life Cycle Insights, KRS Blog
Share

Using the correct basis to compute taxable gain? Here's what you need to know....

Read More

Jun 08 Foreign Withholding of Income Tax on Real Estate Transactions

Last Updated Jun 08, 2016 in Get Real: Real Estate Life Cycle Insights, KRS Blog
Share

According to the IRS, most types of U.S. source income paid to a foreign person are subject to a withholding tax of 30 percent. This income may include earnings from real estate trade/business, passive rental income or sale of property. Read more...

Read More
Archives
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • November 2015
Categories
  • Checklists
  • Get Balanced: Bookkeeping Made Easier
  • Get Real: Real Estate Life Cycle Insights
  • Get Value: Business Valuation Insights
  • KRS Blog
  • News & Events
  • Pandemic Recovery Updates
  • Uncategorized
Meta
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
KRS logo white

Proactive advisors & accountants who understand your challenges.

80 Route 4 East, Ste. 370
Paramus, NJ 07652

T: 201-655-7411  |  F: 201-655-7412
info@krscpas.com
Quick Links
  • Client Portal
  • About KRS
  • Our Services
  • Careers
  • Contact Us
  • Privacy Policy
Let’s Connect
Join the KRS Mailing List

Get valuable tax tips, accounting updates, event notices and more in our biweekly newsletter

Sign Up
© KRS CPAs. All rights reserved. | Privacy Policy
Built by Enormous Creative.