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Anytime you buy, build or remodel a building, there is an
opportunity for a
cost segregation study. Cost seg is an engineering-based
approached to analyzing building costs, which can help a taxpayer
increase depreciation deductions, defer taxes and increase cash
flow.
Robert Haggerty, Tax Partner at Brown Smith Wallace, discusses
how a cost seg study works, common savings found and why it's
almost never too late to do a study.
Originally published September 2015
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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