commercial real state tax benefits: What is Cost Segregation & How Can It Benefit Your Business? - 02/04/21 12:18 PM
What is Cost Segregation & How Can It Benefit Your Business?
What is Cost Segregation?
Cost segregation is a strategic tax planning tool that allows purchasers (both companies and individuals) who have purchased, built or remodeled real estate of any kind favorable tax benefits and increased cash flow from accelerated depreciation deductions and deferral of both state and federal income tax. In addition, cost segregation allows for easier write-offs when an asset becomes obsolete or broken. This can include anything from printers and fax machines to manufacturing machinery. The experts at Orlando based CPA Accounting & Tax Services outline the top 3 ways … (0 comments)

 
Sonia Narvaez, Your IRS Tax help (CPA Accounting & Tax Services)

Sonia Narvaez

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