Did You Do Any Routine, Incidental Repairs & Maintenance This Year? then You Need to Know About IRS CODE 263(a)
Hotel Repair & MaintenanceTax Deduction Webinar Date: Wednesday, January 23, 2013 Time: 2:00 PM - 2:30 PM EST
LEARN ALL BOUT HOW R&M CAN TRANSLATE INTO TAX DEDUCTIONS!
Please join EcoGreenHotel and EDSS's David Ely as we discuss potential tax benefits associated with repair and maintenance costs.
Who should attend?
CPA's, Owners, Controllers, Management Companies, General Managers and Accounting Professionals
How it works
If you perform regular maintenance and repairs to your hotel, you may be able to recapture thousands of dollars by reclassifying improperly classified capital expenses as deductible costs to accelerate depreciation. Through IRS Section 263(a), routine and incidental repairs and maintenance costs may be adjusted to reduce taxable income in the current tax year and increase any net operating loss (NOL) for a potential carry-back up to five years.
Space is limited.
EcoGreenHotel LLC (Knoxville, TN) is a privately held company dedicated to helping lodging facilities addresses a broad spectrum of sustainability issues. EcoGreenHotel provides customized consulting services tailored to the needs of the hospitality industry in the areas of energy efficiency and certifications, including LEED, Green Seal and Energy Star, For further information, email info@EcoGreenHotel.com or call 888-229-0213.
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