Cost Segregation

Maximizing the Tax Benefits of Property Ownership

Comprehensive tax planning strategies, including cost segregation services, are available to help you to reduce taxes through accelerated depreciation tax deductions.  How tax depreciation is calculated may significantly impact your bottom line. 

Cost segregation is the practice of identifying assets and their costs, and then classifying those assets for federal tax purposes. A cost segregation study, a service that reveals costs of short-lived assets in construction or acquisition documents, may lead to substantial tax savings from accelerated depreciation. Depreciation of assets presents a significant opportunity to reduce your current federal income tax liability. A cost segregation analysis breaks down construction and acquisition costs and allocates them to specific categories of tangible personal property, land improvements, and real property. 

Your new or renovated building may generate more cash flow than you realize. Building owners need to consider whether they have maximized the tax benefits associated with property ownership. Utilizing the proper balance of tax and construction knowledge, Sullivan & Company can provide a cost segregation analysis that results in a substantial cash flow improvement for your business.

Bruce A. Desrosiers, CPA, MST, recently co-authored a book entitled The Practice of Cost Segregation Analysis, Maximizing Tax Benefits for Building Acquisitions and Construction.  Highlighting tax laws and the construction process, the book provides guidance for tax and accounting professionals, cost segregation consultants, facility owners, architects and general contractors on major aspects of professional, defensible cost segregation studies.  Mr. Desrosiers specializes in providing comprehensive cost segregation services and frequently speaks at cost segregation seminars offered throughout the country.

To discuss cost segregation and your company’s bottom line, contact Bruce A. Desrosiers, CPA, MST, Manager, Tax Services Division, by email at BDesrosiers@SullivanandCompanyCPA.com , or call him at 401.272.5600.