Did you miss our live webinar on cost segregation studies? You can listen to it at your convenience on our YouTube channel here. 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. Our cost segregation study expert, John Callahan, CPA, Tax Partner, along with Mike Zeoli, Jr., CPA, Manager, discuss 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. Download the webinar slides here to follow along.
On January 12, 2018, the Supreme Court of the United States granted certiorari in…
