Cost Segregation Services

Proper asset classification for tax advantages and improved cash flow.

 
A cost-segregation study provides an in-depth, engineering based analysis of the costs associated with the acquisition, construction, or renovation of a building. A properly done study results in additional depreciation deductions and can help to:
 
  • Accelerate depreciation
  • Increase current tax deductions
  • Defer income tax
  • Increase cash flow

Who can benefit?
 
If you are purchasing an existing building, constructing a new building, expanding or renovating a building you already own, or constructing or abandoning leasehold improvements, then you can derive benefits from a cost segregation study. Even if you purchased, constructed, or expanded a building in a prior year, a cost segregation study and a simple change in accounting method may allow you to claim the depreciation deductions you failed to claim in prior years, without having to amend prior-year returns.
 
  • Manufacturing and industrial plants
  • Health and long-term care facilities
  • Financial institutions
  • Auto dealerships
  • Distribution centers and warehouses
  • Office buildings
  • Restaurants and hotels
  • Shopping centers
  • Apartment buildings
 

Our Approach
 
A proper study combines experience in accounting, appraisal, and engineering skills.
 
Wipfli provides thorough, defensible cost segregation studies. Our engineering method is the proven approach for a quality, reliable accurate study. This approach employs a trifecta method from an engineering, accounting and appraisal perspective. This ensures a rock-solid result: an accurate, well-documented study that yields the desired outcome – substantial savings for you.
 

Your Dedicated Team of Experts
 
 
Wipfli’s Cost Segregation Group specializes in engineering-based cost segregation studies and energy efficiency studies for IRC 179D. With over 80 years of combined experience in appraisals and valuations, our experts have provided thousands of successful studies on new construction and existing buildings in various industries throughout the United States. Working with your clients directly or as your sub-contractor, we bring the right combination of accounting, appraisal, and engineering skills to deliver independent, transparent reports that maximize tax depreciation benefits.
 
Contact us for a Cost Segregation Study or to find out how one might benefit you.
 
 
Craig Tobin brings over 35 years of experience, Craig serves as the leader of Wipfli's construction consulting services practice. He coordinates the strategic direction and oversees the delivery of cost segregation and related service offerings.  View Craig's full profile.
   
 
Christopher Herkowski has completed more than 1,000 studies for various industries including commercial real estate, lodging, retail and wholesale, light and heavy industry, food processing, auto manufacturing, health care, residential, and recreational. View Chris' full profile.
   
 
 
 

Solutions

Cost Segregation Services
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Learn more about the 179D energy efficient tax deduction.