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1) Modified Accelerated Cost Recovery System (MACRS) is the IRS-required method of depreciation for tangible personal property (§1245)* assets residing within real property (§1250) assets, and cost segregation is required in order to apply it properly which places the owner in IRC tax compliance.
3) When cost segregation is applied two things happen simultaneously…1) federal (and most often state) income taxes are reduced or temporarily eliminated, and 2) there is a commensurate increase in cash flow in one of two ways…a) income tax credits are issued, or b) income tax refund is obtained. Cost segregation delivers income tax refunds. Continue reading →