If you are purchasing or renovating an existing building, or constructing a new building, a cost segregation study may help you maximize any available tax benefits related to those activities. In our upcoming lunch-hour webinar on June 6, 2023, our cost segregation study expert, John Callahan, CPA, Tax Partner, along with Mike Zeoli, Jr., CPA, Manager, will explain how a cost segregation study examines the costs associated with a building structure and related building systems to determine how to segregate these costs into various asset class lives, enabling a taxpayer to depreciate these costs over a shorter recovery period, resulting in significant accelerated tax savings. In turn, these savings may assist a taxpayer in financing the construction project itself and, in future years, allow dollars not needed for taxes to be used for other purposes – funding new hires’ salaries, purchasing new machinery or more inventory, providing more benefits to employees, freeing up cash for improved cash flow, etc.
John and Mike will take your questions about cost segregation studies at the end of the webinar. Register now to save your seat by clicking here and filling out the registration form. See you on June 6th!
To learn more about our webinar presenters, read their bios on our website.