CPAs and financial planners are frequently involved with cost segregation studies, but developers and general contractors can also be of great value when in comes to helping their clients.
In general, developers and general contractors don’t have the proper engineering and tax knowledge to provide the tax benefits for the property owner. This is essential to pass an IRS audit. This is where a mutual partnership with a cost segregation firm such as CSC come into play, helping the client save thousands of dollars up front, instead of waiting to collect it years down the road.
Our studies enable building owners to increase their cash flow by accelerating depreciation on their newly constructed or renovated facilities. The contractor can help establish a competitive advantage during the negotiation process with the client by introducing cost segregation.