Expensing Versus Capitalization for Rental Property: A Schedule E Primer for Landlords
Jessica I. Marschall, CPA, ISA AM | Marschall Accounting Services, LLC May 2026 Few questions on a rental property tax return generate more confusion, and more audit exposure, than whether a given expenditure should be deducted in full in the current year or capitalized and recovered through depreciation over the property’s useful life. The dollar […]
Read MoreThe R&D Tax Credit and the R&D Deduction
Two Incentives, One Compliance Discipline By Jessica Irving Marschall, CPA May 2026 For more than four decades, federal tax law has offered businesses two separate and distinct incentives for investing in research. The first is the credit for increasing research activities under Internal Revenue Code Section 41, commonly called the R&D tax credit. The second […]
Read MoreThe Federal Reclassification of Accounting Misses the Mark: Why CPAs Are, and Have Always Been, Professionals
By Jessica Irving Marschall, CPA, ISA AM President and CEO, The Green Mission Inc., GM-ESG, and Probity Appraisal Group President and CEO, Marschall Accounting Services LLC May 8th, 2026 In early May 2026, the U.S. Department of Education issued final regulations implementing the One Big Beautiful Bill Act provisions governing federal graduate student loan eligibility, […]
Read MoreWhy We Expanded Our Tax Advisory Services at MAS LLC
By Jessica Irving Marschall, CPA April 28th, 2026 MAS LLC | www.MarschallTax.com Like most CPAs serving small businesses, we have been underwater with demand for tax advisory services. Our specific client base, small businesses (whether pass-through entities or small C corps) and the individuals running them, sits in a difficult middle space. The excellent larger […]
Read MoreREAL ESTATE INVESTMENT STRATEGY
A Practical Tax Guide for Individual and Small Business Clients By Jessica Irving Marschall, CPA, ISA AM President and CEO, MAS LLC | The Green Mission Inc. | GM-ESG | Probity Appraisal Group April 2026 Introduction Real estate has long served as one of the most powerful wealth-building vehicles available to individual investors and small […]
Read MoreThe Tax Preparer Problem Is Bigger Than You Think – And It Tracks With Everything We See
PROFESSIONAL COMMENTARY | TAX PRACTICE By Jessica Marschall | March 2026 A recent report from the Center for Taxpayer Rights sent undercover investigators into tax preparation offices across six states, and what they found was alarming. Non-credentialed paid preparers routinely failed to ask basic questions about household composition and income. When they did ask, their […]
Read MoreYour Tax Preparer Committed Fraud. You Pay the Price.
A federal court ruling makes clear: if your preparer filed a fraudulent return, the IRS can audit you decades later, even if you had no idea what was happening. By Jessica Irving Marschall, CPA March 19, 2026 The Case That Should Get Every Taxpayer’s Attention Here is a case out of Tax Court that should […]
Read MoreThe Patchwork Problem: State Conformity with the One Big Beautiful Bill Act
TAX POLICY ANALYSIS | MARCH 2026 How diverging state tax laws are creating compliance complexity for businesses and individuals across America EXECUTIVE SUMMARY Enacted on July 4, 2025, the One Big Beautiful Bill Act (OBBBA) introduced sweeping changes to the federal tax code. However, federal law is only the starting point. Most states base their […]
Read MoreThe Case for Cost Segregation Analysis: Why the One Big Beautiful Bill Act Makes It More Valuable Than Ever
By Jessica Irving Marschall, CPA March 2026 As tax season is in full swing, my clients and I have been thrilled by the Cost Segregation analyses for which they invested, resulting in significant tax reductions through allocation to shorter-year depreciation buckets. These reports are not cheap and should not be invested in for many simple […]
Read More“Just Add Their Names to the Deed”
Why This Common Request Can be a Mistake in 2026, and What to Do Instead By Jessica Irving Marschall, CPA | President, MAS LLC | Updated March 10, 2026 It sounds like the ultimate act of kindness. A parent wants their home to pass to their children without the hassle of probate, so they ask: […]
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