Acquisition and Transfer
Probably the most complicated and misunderstood areas of buying and selling a business is in the area of taxation. Businesses are comprised of human capital, intellectual and intangible property, tangible personal property and real estate. Choice of business entity and capital structure can have material or even adverse affect on how these assets may be taxed at transfer. We devise strategies to help our clients maximize their post-sale proceeds and minimize taxation.

Cost Segregation Services
A Cost Segregation Study classifies assets as eligible for the shortest appropriate depreciable lives based on IRS approved methods. Through an IRS approved engineering-based study, our team of CPAs provide an extensive analysis of each component of your acquisition to determine the optimal depreciable life classification through:

• Review of blue prints, site map and purchase documents
• On site tour to identify additional personal property
• Research of case law and revenue rulings to support findings

We can provide a complete cost segregation report outlining the engineering approach used and including supporting documentation for each group of items allocated. Our report includes each of the IRS-defined "characteristics of a quality report."

1031 Exchange Services
A 1031 Exchange (Tax-Deferred Exchange) is one of the most powerful tax deferral strategies remaining available for taxpayers. We believe taxpayers should never have to pay income taxes on the sale of property if they intend to reinvest the proceeds in similar or like kind property. The advantage of a 1031 Exchange is the ability of a taxpayer to sell income, investment or business property and replace with like-kind replacement property without having to pay federal income taxes on the transaction. Only a sale of property and subsequent purchase of a replacement property doesn't work, there must be an exchange. We help our clients take advantage of this crucial tax planning strategy.