K&R Tax Blogs

Section 179 Deductions

Tangible business assets include vehicles, equipment, and furniture. Depreciation is an accounting method used to allocate the cost of a tangible asset over its useful

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U.S. Energy Investments

Overview While many potential tax saving strategies are limited to business owners, oil and gas deductions can benefit high-earning W-2 employees as well. Energy investments

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1031 Exchanges

Introduction If you purchased an investment property a few years ago, you were probably thrilled to see the skyrocketing prices in the Phoenix valley and

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Disaster Declarations

Natural phenomena such as floods, forest fires, hurricanes, tornadoes, and earthquakes pose unpredictable threats to life and property. When disaster strikes, the IRS has policies

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