ABGi (832 495 4555) has expanded its tax consulting services across the US, offering CPA firms and real estate investors cost segregation studies to help property owners save money on taxes.
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Through its newly announced cost segregation service, the company assesses commercial property and assets to help owners accelerate depreciation and save on federal taxes. With a team of experts in tax law and construction engineering, the firm is positioned to serve CPAs, real estate investors, and any entity that owns commercial property.
For more information, visit https://abgi-usa.com/services/cost-segregation
New additions, asset disposals, and demolitions can provide significant tax benefits for commercial property owners. As such, ABGi offers engineering-based cost segregation studies tailored to each property, analyzing buildings within U.S. tax code guidelines to identify depreciable assets and potential tax credits.
Building structures are depreciated over a 39-year tax life in the US, but personal property assets like non-structural elements, exterior land improvements, commercial equipment or machinery, and specialty plumbing can be depreciated over shorter periods (5, 7, or 15 years). Cost segregation studies aim to identify and reclassify personal property assets and construction costs to shorten depreciation periods, reducing current income tax obligations for property owners.
ABGi's cost segregation team analyzes clients' buildings and grounds to identify savings opportunities. They discuss potential savings with the client, and upon approval, complete the study within 4-6 weeks. The team then provides a detailed full Engineering report.
CPA firms can collaborate with ABGi to ensure compliance with IRS guidelines and identify all eligible components for deductions. The firm emphasizes potential benefits to clients after cost segregation, such as reduced taxable income, increased cash flow, and business growth through reinvested tax savings.
In addition to cost segregation studies, ABGi offers consulting on other specialized tax incentives like the Research & Development tax credit and Section 179D deduction. The firm employs professional engineers, lawyers, tax specialists, and strategy experts in the US and internationally.
A spokesperson for the company says, "Even if a cost segregation study has been done in the past, it is our experience that things are not always correctly accounted for. Our team of attorneys and engineers will provide you the highest level of service while adding value back into your company."
Interested parties can find more information at https://abgi-usa.com/services/cost-segregation
Contact Info:
Name: Damien Gallow
Email: Send Email
Organization: ABGi USA
Address: 1 Riverway Drive Suite 2300, Houston, TX 77056, United States
Phone: +1-832-495-4555
Website: https://abgi-usa.com/services/cost-segregation
Source: PressCable
Release ID: 89134395
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