be completed in the year of change to implement the corrected recovery periods .
What Parts Of My Business Can I Reclassify As Personal Property ?
There is a wide range of assets that can be reclassified as personal property . They may include :
• Recently constructed facilities
• Renovations , remodels , restorations , or expansions
• Acquisitions ( current year or lookbacks )
• Tenant leasehold improvements
A cost segregation specialist can perform an analysis of your business to find potential deductions .
How Can I Start Cost Segregation for My Business ?
The first step in starting cost segregation for your business is to contact Specialty Tax Group ( STG ). We will perform an analysis on your property , followed by audit-ready deliverables , and help with implementation , so you can benefit from our services and your newfound tax deductions as soon as possible .
Contact Specialty Tax Group today to speak with one of our cost segregation specialists . by : Brian Wages Senior Manager
Specialty Tax Group ( 614 ) 923-6556