Category Archives: Financial Reporting|Strategic Guidance

Lessons from a Less-than-Ideal Cost Segregation Analysis

A cost segregation study categorizes the component parts of a commercial property for tax purposes, which allows the owner to optimize depreciation claims. A textbook cost seg analysis takes place not long after a property is acquired or a new building is completed, so the owner can begin taking full advantage of depreciation in the

The Federal R&D Tax Credit is an Untapped Resource for Many Businesses

How much time and money does your business spend figuring out how to do something new or something better? We talk to businesses all the time who don’t know their activities could qualify for the federal research and development (R&D) tax credit. Meeting the requirements of the credit takes effort and planning, but a business

Approaches for Improving the Outlook of a Cash-Strapped Business

If your business is facing a cash crunch, you’re not alone. In good economic times and bad, businesses in every industry can find themselves struggling to maintain financial balance from month to month or even week to week. Cash challenges can come from a number of directions. Perhaps a key customer has stopped or delayed

To Understand Cost Segregation Studies, Start at the Beginning

Cost segregation—“cost seg” to a tax accountant—can be a potent strategy for owners of commercial real estate to take advantage of the faster depreciation schedules applicable to qualified components of their properties. The basic contours of today’s approach to cost segregation were established in 1997 by the United States Tax Court in its decision in