Bill Smith, Author at ELB Consulting - Page 2 of 6
Summertime Blues

Summertime Blues

Think about the classic song co-written by Eddie Cochran and released in 1958. It was covered by The Who, The Clash, Alan Jackson, Brian Setzer, Blue Cheer and several others. The premise being, it’s summertime and a young man just wants to enjoy it. But work and...
The Sunset of 100% Bonus Depreciation in 2022

The Sunset of 100% Bonus Depreciation in 2022

It is not a “doom and gloom” scenario for the real estate industry The current state of 100% Bonus Depreciation did not come about until the Tax Cuts Jobs Act (TJCA) was signed in February of 2018. It should be noted, when bonus depreciation was offered in the past,...
The 179D & 45L have been enhanced and extended

The 179D & 45L have been enhanced and extended

The newly signed Inflation Reduction Act expanded the 179D Commercial energy incentives & renewed the 45L Residential energy tax credits for 2022   Overall, both have been significantly enhanced and expanded by the Inflation Reduction Act. Revisions and...