Expert analysis leads to increased cash flow.
A cost segregation study provides an in-depth, engineering-based analysis of the costs associated with the acquisition, construction or renovation of a building. You can perform a cost segregation study on a new building or on an older building that has been renovated.
A properly done study results in additional depreciation deductions and can help you to:
- Accelerate depreciation
- Increase current tax deductions
- Defer income tax
- Increase cash flow
Even if you purchased, constructed or expanded the building in a prior year, a cost segregation study and a simple change in accounting method can allow you to claim the depreciation deductions of prior years without having to amend prior-year tax returns.
The Wipfli team has the right combination of engineering skills, construction knowledge and income tax specialization to deliver an independent, third-party report that maximizes depreciation benefits and provides fully documented support in case of an IRS audit.
