Cost Segregation

To do an engineered tax services study on a building to accelerate the depreciation.

Rich purchased a new building and his accountant recommended a cost segregation study to lower his taxes.

by TaxReformExpert April 13, 2022

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Cost by Design

When that booty is costing you lots of money, but its so good that you don't mind.

You bought her a Gucci bag?? That is cost by design if I've ever seen it

by adventurehobbit March 12, 2019

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cost plan

A list of costs distributed between the parts of a building for the potential owners budgetary purposes.

The managers refer to different editions of the cost plans as being different colours.

Oh, the cost plan is up £500 on pink for blockwork. I must tell the contractor next time I see him.

by MilesW July 7, 2006

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Cost segregation is an accounting methodology based on the concept of accelerated depreciation. Instead of depreciation of your building as whole, a cost segregation study breaks out the sub components of your building to achieve you, the building owner, tax deductions now for those items that are going to be needing replaced verse later. This change in accounting method will gain you the building owner a larger tax deduction to offset how much you owe in taxes. A cost segregation engineering company is who performs the cost segregation process.

When I say Cost Segregation, you say... Engineered Tax Services!

by Truth Teller 2 April 13, 2022

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cut-cost

Has two main usages:

1. When a person acts like he/she is trying to save money; basically being 'cheap'.

2. When a person ditches (does not show or refuses to a date/meeting) or breaks up with someone.

David is so annoying that even a junior cut-cost him for Prom.

by Ms. Against Squareheads April 21, 2004

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