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We are able to help you with many services, including: Financial Statement Services Auditing and Certifications Review and Compilation Evaluation and Explanation Tax Compliance Tax Planning Management Consulting Business Valuations Payrolls Litigation Support Mergers and Acquisitions Forecasts and Projections Quickbooks Support Lease/Purchase Analysis Remote Client Access |
Cost Segregation Services: Generally real estate is depreciated over either 27 or 39 years. Equipment and land improvements are depreciated over a much shorter time period, 5 – 15 years. A cost segregation study identifies equipment and equipment related costs and land improvements, which are depreciated over this shorter time period. By performing a cost segregation study, property owners maximize their depreciation deductions, decrease taxes, and increase cash flow. In addition to new construction, cost segregation studies can be performed on existing facilities. The IRS allows taxpayers to catch up any depreciation deductions reclassified to a shorter depreciation life. This catch up provides tax savings and increases cash flow. Schlenner Wenner & Company performs cost segregation studies for all types of industries, from apartment buildings and hotels to manufacturing facilities. Our income tax expertise and commitment to service ensures that you will maximize your cash flow and minimize your income tax burden on the cost of your new building.
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St. Cloud Office
630 Roosevelt Rde, Ste 201 St. Cloud, MN 56301 Office: 320-251-0286 Fax: 320-251-0230 Little Falls Office 109 East Broadway Little Falls, MN 56345 Office: 320-632-6311 Toll Free: 888-632-6311 Fax: 320-632-0704 Albany Office 115 6th Street Albany, MN 56307 Office: 320-845-2940 Fax: 320-845-7114 Monticello Office 202 West 3rd Street Monticello, MN 55362 Office: 763-295-5070 Fax: 763-295-2940 Maple Lake Office 201 Division Street West Maple Lake, MN 55358 Office: 320-963-5414 Fax: 320-963-6224 |
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