As engineers, we assist CPAs, Tax Professionals and their clients.

Lindon Engineering Services

Lindon Engineering Services is an engineering cost analysis business with an emphasis on cost segregation analysis and asset disposition studies for all types of commercial businesses throughout the United States.

Business Solution Services

Cost Segregation is a method for a business to increase their short-term cash flow by deferring their tax liability in favor of accelerated depreciation on qualified assets.

Cost Segregation Analysis

Cost Segregation is a method for a business to increase their short-term cash flow by deferring their tax liability in favor of accelerated depreciation on qualified assets.

Asset Disposition

The release of the September 2013 IRS tangible property regulations (TD9636) under Sections 162(a) 263(a) has changed the manner in which the residual basis of existing assets is handled following removal on a remodeling project.

Construction Cost Control

One of the more difficult tasks we encounter with cost segregation studies is determining and reconciling the total cost of the facility whose cost we are trying to distribute.

Showing posts with label taxfirmconsultants. Show all posts
Showing posts with label taxfirmconsultants. Show all posts

What Is The Importance Of Research?

This blog discusses the importance of research in various fields. A thorough research related to any field only contributes to the overall development of that field and that area of study. However, despite knowing the importance and benefits of research, people tend to ignore it. Whatever is the reason one should never avoid conducting proper research as it will only benefit you in the future. Research is especially useful for businesses as it helps them analyze their current position and the plan the road ahead. Without research the day-to-day operations of many companies will only come to a halt. Therefore, it is important to note that one should never compromise on this crucial factor called ‘research.’ Dive into the blog to understand the importance of research.

More information: Research and Development Tax Credit

Is It Worth It To Conduct A Cost Segregation Analysis?

In this article, we mentioned about Cost segregation study, which is a tax technique that helps property owners who have purchased, built, or leased land or real property to decrease their payable tax by allowing the property to perform a segregation review. The study practice may turn 1250 lands (non-residential property) or residential lands (depreciation of 27.5 years) into 1245 lands (real tangible assets), which will increase the depreciation of both the internal and external elements of the land over 5, 7 or 15 years.

As a result, the tax rate of the landowner will be decreased, and assets can be depreciated at a faster rate than the traditional simple depreciation limits and improve their profitability. Let’s learn more about the purpose of a cost segregation study in-depth.

Eight Reasons to Consider ITAD (Information Technology Asset Disposition)

companies often dispose of their technology whenever they relocate their offices. Most companies believe that once these systems become obsolete, they have no value. They improperly dispose of any technology that may still contain sensitive data. However, an industry within electronic waste management handles data loss or theft, called IT Asset Dispute (ITAD). These professional services handle any sensitive data that companies forget or undervalue. What's more, these smart E-recyclers know the appropriate data decryption strategy to wipe and secure all private data. ITAD services conduct asset tracking, software harvesting, and legal compliance to ensure that all disposals are legal and compliant. Read this article to understand what ITAD is and how an Asset Disposition Company works.

Engineer's Construction Cost Estimate, More Than Meets the Eye

If you are looking for a professional engineering cost manager for your next construction project, then you should know more about these cost managers. Today in this blog, you will learn about cost managers and how they help during the project's completion. The cost manager maintains the profit margin during the entire construction period, checks the project's cost-effectiveness, and supports the project's value in the real estate market. They also save money by cutting out all the hindrances that may extend the completion of the project. They finalize a budget to buy the plot, select an ideal location, invest in the right property, and manage the paperwork and basic cost analytics throughout the construction period. They make a budget that takes care of the safety of the workers and the recession period.

Cost Segregation Studies: How to Avoid Common Mistakes

This article gives you information on cost segregation studies and how to avoid mistakes that can take away a chunk of our savings. Paying taxes is not desirable for any company. After all, it takes away a significant amount of our earnings. The cost segregation option is one of the most sought-after for real-estate owners. It is a study that allows the owners of multiple people in the family and commercial property to make the best use of the shorter depreciable lives. This speeds up their depreciation expenses. The points to take into account are ‘Duration of the property to be owned,’ ‘Tax bracket,’ ‘Recapture,’ ‘Older properties,’ ‘Alternative minimum tax.’ A cost seg company can help someone with a better understanding.