CPA packet for Gulfstream Development Partners, tax year 2026. Prepared 2026-10-26 by Builder Tax Strategies.
Research tool for CPA review; not tax advice.

*** 8 study(ies) are not released after review. Files and rows marked DRAFT must not be filed. ***

FILES
- packet-summary.html: every study, its review stage and who approved / reviewed it.
- lacerte-proconnect-fixed-asset-import-<project>.csv: one file per cost seg property, for the Lacerte or ProConnect
  Fixed Asset Import wizard (Client > Import > Fixed Asset Import). Save as .csv; the wizard does not take .xlsx.
  Columns (assign each in the wizard):
    Description                          asset id + description (DRAFT prefix when not released)
    Category                             numeric: 1 Auto, 2 Furniture & fixtures, 3 Machinery & equipment, 4 Buildings,
                                         5 Improvements, 6 Land, 7 Miscellaneous, 8 Amortization
                                         (our mapping: 27.5/39-year -> 4; 15-year -> 5; 5-year computers -> 3;
                                         other 5- and 7-year -> 2. Re-assign in the wizard if your firm differs.)
    Date Placed in Service               MM/DD/YYYY
    Cost or Basis                        dollars and cents; the file total ties to the study's depreciable basis
    Tax Method                           MACRS
    Method                               200DB / 150DB / SL as the study computed it
    Life                                 recovery period in years
    Current Special Depreciation Allowance  bonus for the year, allocated within each recovery class
    Current Section 179, Prior Depreciation  0.00 (new property). Look-back catch-up is in method-changes-481a.csv.
  Field list source: Intuit help, "Common questions about Fixed Asset Import" (accountants.intuit.com, article
  L2oMOnRf4). Not yet test-imported into a Lacerte or ProConnect file in this build.
- all-preparers-generic-asset-schedule.csv: the same rows with every field, for UltraTax / Fixed Assets CS, CCH,
  Drake, Sage Fixed Assets or a spreadsheet. Columns: project_id, project_name, asset_id, description, category_code, category_name, recovery_years, method, convention, section, placed_in_service, cost_basis, bonus_pct, bonus_amount, bonus_elected_out, study_status, source.
- bonus-elections-by-class.csv: the bonus rate and any election out, one line per recovery class (the election is made
  by class of property, not by asset).
- method-changes-481a.csv: Form 3115 lines (change number, year of change, 481(a) adjustment, spread, who files).
- credits-and-deductions.csv: energy home credit, energy building deduction, R&D credit amounts.
- review-log.csv: every approval, review, release, send-back and undo with who, role and time.
- defensibility.md: position-strength rating per line (should / MLTN / substantial authority / reasonable basis),
  the two plan modes (Defensible max = default; With disclosed positions), weakest link per study, open items.
  A model of authority strength, not a legal opinion: the CPA decides.
- disclosed-positions-form-8275.csv: every reasonable-basis position the With-disclosed mode adds (Form 8275 / 8275-R,
  decision pending) and lines that need a CPA facts decision.
- audit-binder-defense.md: per project, the authorities, contrary authorities, reasoning and audit focus for each position.

Formula-like text cells are prefixed with ' so spreadsheet apps do not run them.
