Gian Pazzia

09/29/2026

𝗔𝗿𝗲 𝘆𝗼𝘂 𝗹𝗼𝗼𝗸𝗶𝗻𝗴 𝗯𝗲𝘆𝗼𝗻𝗱 𝘁𝗵𝗲 𝗳𝗲𝗱𝗲𝗿𝗮𝗹 𝗥&𝗗 𝗧𝗮𝘅 𝗖𝗿𝗲𝗱𝗶𝘁?

The federal credit often gets the most attention, but it may only be one part of the opportunity.

Many states offer their own R&D incentives, which can provide additional benefits for businesses investing in new products, processes, technologies, and improvements.

The challenge is that every state is different.

Eligibility requirements, calculations, limitations, and documentation can vary significantly. That’s why businesses—especially those operating in multiple states—should evaluate their R&D incentives as part of a broader tax strategy.

When state and federal opportunities are properly coordinated, companies can potentially capture greater value from investments they’re already making in innovation.

The question isn’t simply whether you’re claiming an R&D Tax Credit.

It’s whether you’re looking at the full incentive landscape.

09/24/2026

09/22/2026

09/17/2026

How recapture tax works when you sell your building

For real estate owners, understanding this BEFORE a sale can help avoid some expensive surprises.

➢ Depreciation taken on the building is taxed at a 25% rate.
➢ Certain personal property identified through Cost Segregation is recaptured at ordinary income tax rates.
➢ That does NOT mean Cost Segregation was a bad strategy. Accelerating deductions can create significant upfront tax savings and a valuable time-value-of-money benefit.

Are there ways to avoid recapture?

➢ Properly retiring replaced assets and correctly identifying repairs can help avoid unnecessary recapture on assets that no longer exist.
➢ A 1031 Exchange may also allow you to defer both capital gains and depreciation recapture taxes.
The key is planning for the sale before the property is already under contract.

Let me know if this post helps you or someone you know. Follow me to get all my tax incentive updates!

KBKG breaks this down even further here: https://lnkd.in/gyBk7QSa

Shout out to Malik S Javed for writing this piece.

09/15/2026

How Bonus Depreciation Interacts With 1031 Exchange

In this conversation with Mike Morawski on the Multifamily Unplugged podcast, I explain an important point:
Cost segregation does not create deductions out of nowhere. It accelerates deductions you would otherwise take over time.

➢ Selling the property may trigger depreciation recapture
➢ A 1031 exchange can defer that recapture tax
➢ Bonus depreciation on the next property may help offset the tax impact of a future sale

This is where planning matters.
Work with a CPA who understands cost segregation, bonus depreciation and your long-term real estate strategy.
Managed correctly, these tools can significantly improve cash flow and defer taxes.

Full episode link in the comments 👇

09/10/2026

Hell’s Kitchen is a lot more fun when Gordon Ramsay isn’t yelling at you.

A great night out with my wife and son at Hell’s Kitchen.

You can tell Gordon Ramsay ’s fingerprints are all over the place.

✅ Attention to detail was everywhere
✅ Service was excellent
✅ The dishes were incredible
✅ And I’m happy to report nobody got thrown out of the kitchen

Definitely a night we’ll remember.

09/08/2026

Outsourcing R&D? 𝗬𝗼𝘂 𝗺𝗮𝘆 𝘀𝘁𝗶𝗹𝗹 𝗾𝘂𝗮𝗹𝗶𝗳𝘆 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗥&𝗗 𝗧𝗮𝘅 𝗖𝗿𝗲𝗱𝗶𝘁.

Many companies assume that hiring outside contractors disqualifies their research expenses. That is not necessarily true.

Outsourced R&D activities may qualify when:

➢ The work is performed by contractors in the U.S.
➢ Your company retains the rights to the research
➢ Your company bears the financial risk
➢ Your team actively oversees or directs the work

Including qualified contractor expenses can significantly increase the credit.

The key is documenting the arrangement, responsibilities, payments, and research activities correctly. Before excluding outsourced R&D, have the contracts and project records reviewed.

Let me know if this post helps you or someone you know. Follow me to get all my tax incentive updates!

09/07/2026

Happy Labor Day!

Today is a good reminder to recognize the people whose hard work keeps businesses moving forward every day.

I’m especially grateful for our team at KBKG, our clients, and the professionals we get to work alongside across the country.

Hope everyone has a safe and relaxing Labor Day.

09/03/2026

𝗧𝗮𝘅 𝘀𝗲𝗮𝘀𝗼𝗻 𝗶𝘀 𝘄𝗵𝗲𝗻 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝘀𝘁𝗮𝗿𝘁 𝗮𝘀𝗸𝗶𝗻𝗴: “𝗔𝗺 𝗜 𝗺𝗶𝘀𝘀𝗶𝗻𝗴 𝗮𝗻𝘆 𝗱𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻𝘀?”

Cost seg should be part of that conversation. Instead of depreciating everything in a building over 27.5 or 39 years, a cost segregation study identifies components that may qualify for much faster depreciation.

➢ Flooring
➢ Cabinetry and appliances
➢ Certain plumbing components
➢ Landscaping
➢ Asphalt and site improvements

The result can be significantly larger deductions upfront and more cash available to put back to work.

I recently broke this down with Buck Joffrey on the Wealth Formula podcast.
If you own real estate, tax season is a good time to ask your CPA whether cost segregation belongs in your strategy.
Follow me to get all my tax incentive updates!

Full episode link in the comments 👇

09/01/2026

Recent Question: “What do you do when you bring home 85 pounds of salmon?”
Answer: You give half of it away immediately!

I recently checked a bucket-list trip off my list: Haida Gwaii, Canada, with my son. It was a rare chance to completely disconnect.

My son normally isn’t a huge fishing guy. But there’s something different about catching your own food and then coming home with enough to provide for a lot of friends and family.

Maybe it goes back to something instinctive in us as hunters and providers.
The best part wasn’t the fish.
It was getting to experience a bucket-list trip with my son.