Most buildings must be depreciated over 39 years for federal tax purposes while equipment assets may be depreciated over much shorter periods. A cost segregation analysis is an engineering based study that  identifies specific building related assets that also qualify for shorter federal tax depreciation lives, and the increased cash flow benefits may be significant. Most commercial properties with a tax liability will benefit. 

Eligible properties include prior year construction and acquisitions, newly constructed, newly acquired buildings and leasehold improvements. Also, the classification of assets placed into service previously can be corrected without amending prior year tax returns and the total adjustment can be recognized in the year of change.

Jones & Company, Ltd. will provide you with a free analysis of potential tax savings before any commitment is made. For more information contact Brent Stidman, CPA, Managing Partner, Jones & Company, Ltd.

BUILDINGS THAT QUALIFY

	Manufacturing Facilities
	Distribution Centers
	Retail Stores and Supermarkets
	Hotels
	Restaurants
	Commercial Office Buildings
	Medical Facilities
	Banking Facilities
	Movie Theatres
	Auto Dealerships
	Ethanol Facilities
	Nursing Centers
	Apartment Complexes

AUDIT AND ATTEST SERVICES TEAM

	Brent Stidman, CPA  - Partner
	Sherry Stringer, CPA – Partner
	Charlott Jones , CPA – Tax Manager
	Cheryl Deen, CPA, CSEP – Tax Manager
	Josh Sandlin - Tax Senior