Increase Cash Flow
New construction, renovations, or recently acquired buildings may allow deferral of federal and state income taxes. A cost segregation study is used to identify assets qualifying for shorter depreciation lives to accelerate depreciation deductions.
Benefits of a cost segregation study include:
- Increased cash flow.
- Eligibility for a bonus depreciation deduction on certain “qualifying” assets.
- Studies may be performed retroactively if not previously done, without amending previously filed tax returns.
CBIZ cost segregation professionals manage the process for you by working closely with our engineers to identify savings opportunities. With our expertise, you can rest assured that your cost segregation report meets IRS documentation requirements.
