Engineering-Based Cost Segregation Study Overview: Cost segregation involves the reclassification of building components from a standard 39-year depreciation schedule to a shorter, accelerated depreciation schedule as allowed by the IRS. Typical shorter depreciation life includes 5 years, 7 years, or 15 years. Faster depreciation allows commercial building owners to maximize cash flow and minimize tax […]
Cost Segregation Study reminds me of a game of “telephone”. This is where a number of people playing the game, convey a message, in a whisper, to each other, until you get to the last person who is asked to say the message out loud. This usually results in laughter for the entire group, […]
Did you know that several structural engineering firms around the country are taking advantage of R&D (Research & Development) tax credits? Yet, many more companies across the nation are unaware that they may be eligible to claim this credit, and are missing out on millions of dollars in Federal and State tax incentives. The […]