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Cost Segregation Calculator

At Cook Martin Poulson, P.C., we are always looking for ways to help our clients save money. When it comes to business, there are a lot of unforeseen costs and fees that go into running a business, and we work hard to ensure that clients have access to all of the tools and credits that can help them reduce their income tax fees. One way we can help our clients save money is through Cost Segregation Study. This process involves identifying personal property assets and grouping them so that they don’t impact business operations or other personal assets. The process involves repurposing assets so that they have a shorter depreciation time, and in turn, this reduces the amount of financial obligation associated with the property for tax purposes.

There are several property types and structures that can be included in a cost segregation study including exterior land improvements, elements that don’t have structures on them but reside on the property of the individual or business, indirect construction costs and more. Where buildings and other structures are typically amortized and depreciated over 25-40 years, cost segregation allows for short depreciation times such as 5-year, 7-year, and 15-year depreciation for tax purposes.

The team at Cook Martin Poulson, P.C. can show you how cost segregation studies can help accelerate depreciation values, provide a reduced tax liability and help to increase cash flow across a business or operation. The calculator below will help you determine how much money you can save by conducting a cost segregation study. You’ll be able to see before and after the cost segregation is account for, and the total dollar value that could potentially be saved through the study. Contact Cook Martin Poulson, P.C. to discuss cost segregation studies today. Our dedicated and professional team is always ready to answer your questions and help your business save time and money.

My girls and I appreciate our office visit which left both acknowledging it was exciting to meet their first CPA. You were dazzling. Afterward, we enjoyed your wonderful apple bread which reviewing how enjoyable it was to have met you. Our visit had you destroying the generalized tales of accountants and CPA’s being dull, stoic, and decisive… not at all exuberant unless they had a column of digits before them. Thanks for the wonderful Christmas gift of apple bread. While licking the crumbs from their fingers, my girls declared I was in the hands of a savy, handsome CPA who knew my file like the back of his hand. Again, recognize I loved your graciousness to my family.

Barbara Lutz

Calculator

Select your type of property, year purchased, building cost, tax rate, and click calculate to determine your cash savings. Click here to learn more about Cost Segregation

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Disclaimer: No consideration for bonus depreciation.