Cost Segregation Analysis
Cost Segregation analysis is an approved tax planning strategy per the IRS Audit Technique Guide that allows commercial property owners to reclassify specific assets from “real property” into “tangible personal property.” The result of cost segregation analysis is accelerated depreciation deductions and deferred tax payments.
The benefit of having cost segregation analysis experts perform this specialized study could be an immediate addition of tens to hundreds of thousands of dollars to your bottom line. By moving depreciable assets from 39 years (commercial property) or 27 ½ years (commercial residential property) into assets that qualify for 5-15 year tax lives, the result is significant and measurable tax savings.
While reclassification of assets through cost segregation analysis is not a new strategy, it is not widely understood or utilized. In fact, the IRS strongly recommends that the Cost Segregation analysis be performed by specialists using the Detailed Engineering Approach. CRG’s network of expert engineers, architects and specialized accounting personnel make it our primary mission to apply the laws, procedures and revenue rulings of cost segregation analysis to maximize value for our clients.
CRG’s Cost Segregation Services
CRG understands the importance and purpose of the IRS rules surrounding cost segregation and we have developed the most comprehensive and thorough cost segregation services in the industry, meeting and exceeding IRS standards while delivering concise, actionable information to clients. We stand behind each client’s Cost Segregation analysis and will defend it in the event of audit. Fact: In the history of CRG, not one report has been reversed, attesting to our sound methodologies, attention to detail and high standards.
While there are, of course, specific conditions within a company or after the conclusion of a study that may impact your company’s long-term savings, CRG will apply its proven expertise and best practices to help reduce your organization’s tax burden.
Unlike many other providers “estimate” or “assume” the percentage of the basis of your reclassification, CRG steps up to perform the highly detailed review that we believe is indispensable in providing you with the highest level of tax savings. Our cost segregation services include comprehensive reports with verified and well-measured data that is gathered by professionals who know from experience what is required in a successful submission to the IRS.
CRG clients frequently use money from their cost segregation to offset costs of energy projects. In fact, cost segregation is but one of an array of capital discovery strategies CRG uses to help clients cost effectively achieve high levels of energy security.