IRS Notice 2019-43
Notice 2019-43 updates and clarifies the guidance provided in prior IRS notices regarding the beginning of construction for sections 45 and 48. Specifically, the notice provides that the Continuity Safe Harbor may be tolled and extended in …
From the September 2016 issue of Construction Dollars and Sense, Smith Adcock and Company monthly newsletter.
First covered in this newsletter, when the developer won in Tax Court in February 2014, on appeal by the IRS for the last …
In May, the Cobb County Board of Commissioners approved the GMP (guaranteed maximum price) for construction of the new Atlanta Braves stadium at $462.2 million. Cobb Chairman Tim Lee said that this price was “where we expected it to be,” …
This guest post was written by Al Clark with Smith Adcock and Company LLP ([email protected]).
Contractors in Georgia have special sales tax reporting and filing requirements. Non-compliance with those rules can be expensive if audited. A GC may …
This guest post was written by Alan Clark, CPA, a construction industry accountant at Smith, Adcock and Company.
The IRS issued Temporary Regulations in its current round of attempts to clarify when to deduct and when to capitalize tangible property …