Steven A. Barnes
Senior Manager, Cost Segregation
Steve Barnes is a senior manager on the cost segregation team with expertise in the engineering approach of cost segregation for both new construction projects and purchased properties. His understanding of construction finances and his ability to analyze construction documents are important assets in the process of cost segregation projects. Steve’s experience also includes Section 263A repair versus capitalization review tangible property studies and Section 168 fixed asset disposal studies.
Steve has years of experience adjusting the timing of deductions to provide clients with tax savings. Prior to joining Wipfli LLP, he helped lead a cost segregation practice at a regional CPA firm. Steve specializes in various industries including commercial real estate, hotel and convention, retail and wholesale, manufacturing, food processing, health care, residential, and auto dealerships.
Professional Memberships and Activities
- Burlington Jaycees - Member
Areas of Focus
- Construction cost segregation studies
- Allocation of purchase price
- Depreciation catch-up studies
- Section 179D studies
- Audit support for cost segregation studies
EducationMilwaukee Area Technical College
- Associate degree in applied science in architecture technology
Construction and real estate year end tax strategies
Dec 02, 2020