The Tax Cuts and Jobs Act gives cost segregation studies new life Michael F. Lynch, Nicholas C. Lynch and David B. Casten
By: Lynch, Michael F
.
Contributor(s): Lynch, Nicholas C | Casten, David B.
Material type: 
ArticlePublisher: 2019Subject(s): COSTOS | DEDUCCIONES TRIBUTARIAS | LEGISLACION | ESTADOS UNIDOSOnline resources: Click here to access online
In:
Journal of Taxation of Investments v. 37, n. 1, Fall 2019, p. 47-60Summary: A cost segregation study allows taxpayers to recover certain costs ordinarily classifi ed as real property over shorter cost recovery periods applicable to personal property. By recovering costs faster for tax purposes, taxpayers can accelerate tax benefits and enhance cash fl ows. The Tax Cuts and Jobs Act of 2017 has
increased the benefi ts of a cost segregation study. However, the IRS will scrutinize aggressive cost reclassifi cations. Those interested in performing cost segregation studies should be knowledgeable
about the advantages and pitfalls of this tax-saving, cash-flow generating tool under the new tax law.
| Item type | Current location | Home library | Call number | URL | Status | Date due | Barcode |
|---|---|---|---|---|---|---|---|
| Artículos | IEF | IEF | OP 235/2019/1-3 (Browse shelf) | https://www.civicresearchinstitute.com/online/PDF/JTI-3701-03-Cost.pdf | Available | OP 235/2019/1-3 |
Disponible también en formato electrónico.
Resumen.
A cost segregation study allows taxpayers to recover certain costs ordinarily classifi ed as real property over shorter cost recovery periods applicable to personal property. By recovering costs faster for tax purposes, taxpayers can accelerate tax benefits and enhance cash fl ows. The Tax Cuts and Jobs Act of 2017 has
increased the benefi ts of a cost segregation study. However, the IRS will scrutinize aggressive cost reclassifi cations. Those interested in performing cost segregation studies should be knowledgeable
about the advantages and pitfalls of this tax-saving, cash-flow generating tool under the new tax law.
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