Can You Depreciate Your Facility Faster?
Cost Segregation is a process of “segregating” the cost of a building into the appropriate Federal Income Tax Classifications for purposes of validating depreciation which could result in shorter depreciable lives. The process includes using engineering principles to calculate the detail component cost of a building for purposes of determining what qualifies as personal property and real property.
Any business or building owner that has purchased or renovated a building in excess of $400,000 since January 1, 1987 and is profitable and paying taxes can benefit from this study.
Retail Accounting has partnered with a leading organization in this field to make these studies available to you.