Cost Segregation Services, Inc. has saved taxpayers millions through accelerated depreciation and repair regulations studies. Stay compliant and save money.
A cost segregation study is a set of calculations created by an independent firm with extensive tax and construction knowledge. At CSSI®, we create an engineering-based cost segregation study by analyzing your building and its assets within U.S. tax code guidelines. When an engineering-based study is performed, actual cost records and construction documents are reviewed, when available, and a site visit is completed.
A quality cost segregation study should include the 13 points outlined within U.S. tax code. Our methodical approach identifies individual components of your commercial property, which are included in your detailed cost segregation study.
Most buildings are depreciated over 27.5- or 39-years. A cost segregation study re-categorizes a portion of your building into 5-, 7- or 15-year class lives. When the usable lives of these items are accelerated, your income is reduced, thus, reducing your income taxes.
Within the first five years of building ownership, you could save up to $100,000 for every $1 million in building costs. Cost segregation has been recommended by the AICPA and many leading financial publications, including the Journal of Accountancy.
By utilizing accelerated depreciation, your income is reduced, which immediately impacts your federal income tax payment.
What you do with that money is up to you. Many of our clients use their tax savings to reinvest in their business
With less taxable income, you decrease the amount of income taxes you pay.
We evaluate your building from both an engineering-based and financial standpoint. We provide you accurate calculations, and we work with your tax professional to implement our study results. We have helped commercial property owners across the nation save on buildings with a cost of $200,000 to $1.5 billion in almost every industry.
Harness the power of your commercial property and keep what’s yours.
Harness the power of your commercial property and keep what’s yours.
With over 20 years of cost reduction and tax analysis experience, our team of Engineers, IP Attorneys, Senior Tax Consultants, and Service Specialists can determine quickly and accurately how to increase your cash flow and reduce expenses.
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