标签:Segregation

finance

Cost Segregation - Tax Deductions (Business Taxes)

Taxes are your enemy, but tax deductions are your friends. Taxes are the great bane of most businesses. Alas, business deductions act as a salve to cool the burning and itching of your bank account.Business taxes can be summarized simply as...

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finance

Cost Segregation Texas - Business Tax Deductions

Tax Rule No.1: Don’t cheat the IRS. But that doesn’t mean you should cheat yourself. Take every legal tax deduction you can.In addition to the numerous tax deductions the Internal Revenue Service allows, research indicates that most U.S. t...

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business

History of Cost Segregation

Cost segregation evolved as the result of multiple court cases and IRS rulings. The body of knowledge is summarized in the Audit Techniques Guide (ATG), published by the IRS. Component depreciation was a prior methodology that produced si...

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business

Cost Segregation Myths

There are many myths surrounding cost segregation and its benefits. The truths behind those myths are discussed below, as well as some answers to very important questions. Myths:0 The IRS prefers one method to another There are no real stand...

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business

cost segregation cpa

Cost segregation identifies applicable components and establishes the value and correct time line for depreciation. Under typical circumstances, depreciation is spread out over as long as 39 years. However, cost segregation applies depreciat...

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business

In-House Cost Segregation Studies

A Cost Segregation Study performed In-House, by employees of the company, is often times reviewed with more scrutiny by the IRS.  Here is the summary of the Boddie-Noell Enterprises court case:The Company owned and operated approximately 2...

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business

How Does a Cost Segregation Study (CSS) Work?

Typically Building costs are generally classified for federal income tax purposes into three categories.  Each has a different depreciation recovery period and method under the Modified Accelerated Cost Recovery System (“MACRS”):TANGIBLE...

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