Cost Segregation Services
A cost segregation study can help you improve profitability by accelerating depreciation deductions and capturing applicable tax incentives on construction projects.
Your company may profit from a cost segregation study when you build a new facility, acquire real estate, or renovate, remodel or expand your facility.
A cost segregation study can provide you with:
• Improved cash flow through tax deferral
• Documentation supporting proper classification of capital expenditures
• The potential to reduce real estate taxes
• Specific sales tax exemptions
A properly documented third-party cost segregation study can help resolve IRS inquiries at the agent level.
FRKPC CAN HELP
We can analyze your construction and real estate acquisition activities to ensure you pay the minimum tax liability. Our experienced professionals know the assets to identify for tax credits based upon recent legislation as well as possible tax savings based upon shortening the asset's life.
The cost segregation study includes a blue print analysis, site tours and preliminary asset listing to understand the starting point of the project. We then perform tax research to find savings and develop a final asset listing, a direct cost analysis and a soft cost analysis. We present this with a preliminary report to review with management and then deliver final file documentation and a final report.
We use the latest software technology to prepare and document assets. We work with you to develop internal controls to track these assets and the required deductions for each.
The staff of FRKPC is highly trained in all aspects of financial reporting and tax credits to ensure you receive the maximum credit available to you. Our staff is continuously updated on changes to the tax code.
For more information about how we can help you with cost segregation services, contact us at: