Business organisations try to reduce their tax liability through cost segregation. But what is cost segregation? It involves deferring taxes by accelerating depreciation. This is done by increasing the rate of depreciation on certain eligible assets. Assets are analysed and then the ones that can be reclassified are put on accelerated depreciation. The rise in cash outflow due to the increased depreciation expense of the business reduces the tax liability. This way, businesses are able to defer tax without any objectionable action. Lindon Engineering Services is an example of an organisation which helps businesses to perform this study of assets for cost segregation. They determine which assets can be classified on the basis of their use or function.
Lindon Engineering Services, Inc.
350 Missouri Ave
Jeffersonville, IN 47130
Telephone: 1 812-282-1250
[email protected] ng.com
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More About This Listing: Know what cost segregation is from the experts
This advertisment was posted from Jeffersonville, Indiana on Jan 8, 2019 by Lindon Engineering. Find other similar ads by searching the Other category.
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