Monthly Archives: February 2020

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Expanded Section 179 Rules for Commercial Rental Properties

In general, real property and improvements to real property are depreciated over either 27.5 years (residential property) or 39 years (commercial property).  In the past, major improvements such as HVAC replacements and roofs were caught by this rule. However, the tax law that went into effect in 2018 expanded the depreciation rules for non [...]

Expanded Section 179 Rules for Commercial Rental Properties2020-02-23T23:15:40+00:00

The New Form W-4 For Employees

Form W-4, Employee's Withholding Certificate, has been redesigned for 2020. Previously, income tax withholding was based on an employee's marital status and withholding allowances or tied to the value of the personal exemption. With the revised Form W-4, however, income tax withholding is generally based on the worker's expected filing status and standard deduction for [...]

The New Form W-4 For Employees2020-02-12T12:29:58+00:00
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