The government creates tax credits and deductions to help businesses just like yours operate better and more efficiently. The problem is often knowing if you qualify and how to apply for those credits and deductions—or even knowing that they exist at all. An experienced tax advisor can sift through the red tape and help you take advantage of these tax-saving opportunities.
The Fixed Asset Lifecycle
Tax savings are embedded within your real estate portfolio awaiting to be realized. These savings can be found throughout the lifecycle of your building asset, whether purchased, built, improved or renovated. Our Fixed Asset Services team works with you to determine whether you could benefit from a fixed asset study using disciplines such as Cost Segregation, Repairs & Maintenance, Dispositions and Energy Incentives.
What We Offer
Fixed asset services encompasses a number of opportunities for organizations to take advantage of, including:
Fixed asset services study to identify assets available for reclassification and maximize deductions on an asset-by-asset basis.
Energy efficiency tax deductions and credits that can benefit an organization building or renovating energy efficient buildings.
Construction tax planning focused on bridging the gap between the construction process and the complex rules and regulations of tax law.
Cost segregation studies to help accelerate depreciation deductions, resulting in lower tax bills and increasing cash flow.
The Eide Bailly Fixed Asset Services Group
Our Fixed Asset Services group is a national team of professionals experienced in construction management, architecture, engineering, energy efficient incentives and accounting. We can develop a comprehensive plan that contemplates and quantifies several tax benefits in real time.
Our specialists have helped many businesses just like yours file for and receive tax credits and deductions, saving them money on taxes and helping them increase cash flow. We take a personal approach to service and work side by side with you throughout the entire filing process to ensure you receive the maximum benefit you deserve.
Accounting for fixed assets is complex, but a proper tax planning strategy can help you realize immediate and long-term tax benefits.