November 2014

Contact Perkins & Co




Thank you for contacting us! Someone will be with you shortly.

The New Tangible Property Rules Take Effect Now

Posted & filed under Blog.

As the expression goes, change is inevitable. This year, change in accounting method may also be inevitable. We’ve previously discussed the far-reaching IRS regulations on the deductibility of repairs, maintenance and supplies costs. Those rules provide complex guidelines for determining whether a cost can be expensed in the current year. The regulations also provide avenues…

Read More ›

U.S. Estate Tax for Non-US Decedents

Posted & filed under Blog.

“What on earth is an estate tax?” As there are many foreign countries that do not have estate/inheritance taxes, this is a question you might hear when dealing with the executor of a non-US decedent who left certain assets located in the US. Estate tax is a tax levied on the net value of the…

Read More ›