COST SEGREGATION
Our Cost Segregation service if one of three flagship services making up our Specialized Incentives.
Cost Segregation is an engineering based study that permits commercial real estate owners to reclassify real property for depreciation purposes. This reclassification results in significant cash flow benefits in both present and future years through considerably shorter depreciable tax life and accelerated depreciation methods.
PROPERTY TAX
Outside of income taxes, the single largest recurring charge for commercial property owners are Property Taxes. In most states, owners are required to pay taxes on both their real estate as well as their personal property. These charges are often an immense expense and a constant hit to their bottom line. To be ensured clients are not being overcharged on Property Taxes, we use an industry specialist with extensive market experience in valuation, tax and law to perform their Property Tax Mitigation.
COST SEGREGATION
Our Cost Segregation service if one of three flagship services making up our Specialized Incentives.
Cost Segregation is an engineering based study that permits commercial real estate owners to reclassify real property for depreciation purposes. This reclassification results in significant cash flow benefits in both present and future years through considerably shorter depreciable tax life and accelerated depreciation methods.
PROPERTY TAX MITIGATION
After income taxes, property taxes are the single largest recurring charge for commercial property owners. In most states, owners are required to pay taxes on both their real estate and personal property. These charges are often an immense expense and a constant hit to their bottom line. To be ensured clients are not being overcharged, we use an industry specialist with extensive market experience in valuation, tax and law to perform their Property Tax Mitigation.
R&D Tax Credits
Smarttax utilizes a team of highly qualified professionals, including IP attorneys with engineering backgrounds, and adhere to the Comprehensive Project by Project Approach methodology as required by the IRS. By following this methodology, we qualify every applicable employee, activity, hour spent and corresponding wage paid in order to maximize the incentive for our client. We strictly adhere to the applicable sections of the code and provide first-in-class documentation to substantiate our findings.
