EXPERIENCE
A properly performed cost segregation study requires a highly trained team that is knowledgeable in engineering, construction, accounting and taxation. For this reason, it is important to make sure you consult a skilled specialist who is knowledgeable in the proper areas to conduct a thorough and defendable cost segregation study. Most cost segregation reports in today’s marketplace are being performed using a “residual” method. In other words, many firms, including top accounting firms are performing a “quick and easy” version of cost segregation. They pick a few of the obvious personal property items and depreciate them over a shorter lifecycle. What owners often don’t recognize, is that using the “residual” based cost segregation methodology puts them in a position of risk. Residual based studies often leave money on the table by not properly recognizing all depreciable items, and/or leaves the client overexposed to unnecessary risk, that is not defensible in the eyes of the IRS.
Unfortunately, many property owners rely on their accountant to separate the “good” studies, from the “bad”. However, by definition, accountants are experts in the field of tax, not engineering. Therefore, many accountants don’t have the proper construction or engineering background to tell the difference between “good” and “bad” Reports.
At CS1, our experienced team is comprised of some of the industry’s most renowned professional engineers (P.E.s), with diverse knowledge in construction, cost estimating, accounting, tax research and IRS experience. Our team’s multi-faceted background is unique to the industry . Our experience and study methodology provides us with the foundation and infrastructure to work with on a wide array of projects. 100% of our efforts are devoted to providing our clients with MACRS cost segregation studies. Contact us today to get started!
SERVICE
Cost Seg ONE is committed to providing our clients with the best quality product and service. We have numerous quality control checks in place to ensure each study is performed and reviewed by a Senior engineer. Each and every study we issue is certified by numerous checks to ensure that every report meets and exceeds the IRS MACRS standards. The outcome is a highly detailed cost segregation study of the finest quality: a study that provides maximum tax benefits and is defensible if ever called under IRS scrutiny. In addition, Cost Seg ONE LLC provides free audit support in the unlikely event of an IRS examination.
NO SHORTCUTS
CS1 takes no shortcuts when it comes to performing a cost segregation study. Taking “short cuts” to save money or time will open you up to unnecessary risk and possibly end up costing you more money in the end. Unlike many “residual” (abbreviated method) based studies in today’s marketplace, CS1 performs a complete and thorough “take off” analysis of your property. A CS1 analysis includes ALL items that compose a property. This includes both items that qualify for accelerated depreciation, and also those that don’t.
With each client we take the extra time to make these commitments to ensure your complete satisfaction. We view our business as building a long term relationship with each client and to provide them with the best value and service. Our unfaltering commitment is the key to our success.
NON COMPETING – WE ARE NOT AN ACCOUNTANTING FIRM
Cost Seg ONE is an independent consulting firm that focuses exclusively on cost segregation and has no interest in replacing our clients trusted Tax advisor or CPA. Instead, Cost Seg ONE prides itself on its strategic partnership/alliance program to aid Tax Advisors/CPA’s, and other industry professionals to provide “best of industry” cost segregation services and to help grow their business. Find out more about how a partnership with Cost Seg ONE can help benefit you and your clients.
AUDIT SUPPORT TIME
CS1 stands by our clients and the work we perform. Each study includes audit consulting time in the event you face and IRS audit. Don’t risk losing money and sleep by choosing a provider that is under qualified!
COMPLIMENTARY PRELIMINARY ANALYSIS
Based upon information you provide, CS1 will perform a complimentary analysis on your property to determine the baseline tax savings you can expect. This analysis will be sent out to you usually within 48 hours of submittal
ALREADY HAD A REPORT DONE? NO PROBLEM!!!
Even if you have already had a cost seg report done by another provider, CS1 will analyze the finished product to give you a second opinion on the reports quality. Within a very short time we will be able to tell if the report is a “residual” based study that puts you at risk in the eyes of the IRS. |
Cost Seg ONE LLC © 2008