Cost Segregation
Rich purchased a new building and his accountant recommended a cost segregation study to lower his taxes.
Cost Segregation by TaxReformExpert April 13, 2022
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Cost Segregation
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.
Cost Segregation by Truth Teller 2 April 13, 2022
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fogey
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)