Tax

Cost Segregation Studies

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. A properly done study results in additional depreciation deductions and can help 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 simply change in accounting method can allow you to currently claim the depreciation deductions you failed to claim in prior years without having to amend prior-year tax returns.

Teams have the right combination of engineering skills, construction knowledge, and income tax expertise to deliver an independent, third-party report that maximizes depreciation benefits and provides fully documented support in case of an IRS audit.

Featured Expertise

Craig R. Tobin

Craig coordinates the strategic direction and oversees the delivery of cost segregation and related service offerings for Wipfli. He spends the majority of his time assisting clients with the proper classification of assets for tax advantages and improved cash flow. Craig has over 35 years of experience in the appraisal of complex industrial, commercial, and special-purpose real estate for purchase, sale, ad valorem tax, allocation, financing (FIRREA), insurance, Section 179D, and Section 1245/1250 cost segregation.

Cost Segregation Studies Overview

Cost Segregation Complimentary Benefit Study

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Going Green?

Reap additional tax benefits for creating energy-efficient buildings.

Learn more about reducing your tax liability with the Section 179D Energy Efficient Tax Deduction.