Welcome Guest. Register Now!  

LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 07-19-2009, 12:54 AM
TaxGuru's Avatar
Tax Guru
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,398
Blog Entries: 3
What are the benefits of a Cost Segregation Study?

There are appear to be some considerable financial and tax benefits of conducting "Cost Segregation Studies". Many Financial and Cost Segregation Experts have stated that these potential savings will vary depending on taxpayers "specific expenditures, business operations, and other financial actors." But, these experts agree unanimously that whenever a Cost Segregation Study is undertaken, most facilities usually derive the following benefits such as:

1. Possiblity of an increased cash flow.
(The increased cash flow result as a consequence of accelerated federal tax depreciation of construction-related costs.)

2. Possibility of a substantial reduction in the corporate income taxes.
(These reductions in the corporate income tax occurs due to the accelerated federal tax depreciation, that result in lower taxable income.)

3. Possibility of a reduction in state and local real estate as well as personal property taxes.

4. Possibility of a reduction in real estate taxes by shifting value from real property to personal property.

5. Possibility of allowing a corporation to claim “catch-up” depreciation on assets that have been previously misclassified as real property.

Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
What is a Cost Segregation Study? TaxGuru General 0 07-19-2009 12:37 AM
What is Cost Segregation? TaxGuru General 0 07-19-2009 12:32 AM
Medical Study Tax Question - ADVICE APPRECIATED! taxdog Income 0 05-18-2009 07:10 PM
Cost basis????????? narekkm Capital Gains 1 02-19-2009 02:06 PM
Cost Segregation ? SherryC Income 4 07-19-2007 06:12 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning