Cost Segregation Benefits

What is Cost Segregation? Investors who own commercial and residential rental properties are allowed a cost recovery known as depreciation. Depreciation allows a taxpayer to recover the cost of an asset over the period of time or useful life the asset is expected to be able to produce income. The Internal Revenue Code (IRC) defines depreciation as a […]

831 (b) Captive Insurance Companies

What is a captive insurance company? A captive insurance company (CIC) is a licensed insurance company formed to write policies for a related entity or group. A small captive has annual income exclusions up to $1.2 million under the IRS code section 831(b). IRS code section 831 (b) Benefits • Annual premiums received by a […]