Saving Your Clients Money Is Now Easier Than Ever Before
Our Cost Segregation solution allows you to easily leverage Cost Segregation to lower your client’s tax bill, freeing up cash that allows them to invest in other opportunities.
You make money, your client makes money, and you become their accounting hero
Here’s how it works:
When your client buys or builds a commercial property, it depreciates straight-line over 39 years (or 27.5 years for commercial residential). However, the building is actually made up of components. The tax law considers that some of these components will actually last the full 39 years, however, pieces and parts of the building have a shorter life. Cost Segregation is the process of identifying these components and allocating a fraction of the total cost of the building to each component. Then, depending on the component’s classification, assigning shorter depreciation schedules accordingly. Click the button below to signup for our free webinar where we’ll teach you how you, as a CPA, can provide Cost Segregation services and value to your clients on properties as small as $200,000 in basis without relying on high-priced consultants or hiring your own engineer. SIGNUP NOW FOR FREE
Cost Segregation is a strategy that allows you to get your client more depreciation deductions sooner to offset this years tax liability.
Why don’t more CPAs leverage Cost Segregation for their clients?
Traditionally, many CPAs either did not address Cost Segregation or only addressed it for big clients. Here’s why:
Reasons CPAs Used To Avoid Cost Segregation
– Cost Segregation studies have to be done by someone with an engineering background.
The only solution to this requirement used to be hiring a Cost Segregation consulting firm or paying an in-house engineer, neither of which are cost-effective. Which brings up the next point…
– Cost Segregation consulting firms charge a large sum to perform a cost segregation study. – Consulting firms will not do a Cost Segregation study on an asset with an original basis of less than $1 million (typically). Many clients own properties with an original basis of less than $1 million, and Cost Segregation consultants can’t help cost-effectively due to their high-cost consulting fees.
But here’s the good news: Titan Echo’s cost segregation software eliminates all of those obstacles.
Now any CPA firm can do Cost Segregation without a consultant or the overhead of in-house engineers.
The Titan Echo Platform combines web-based technology with our on-staff, licensed professional civil engineers, that empowers you to offer Cost Segregation to your clients.
This solution was created to simplify and expedite the Cost Segregation process for CPAs.
Larger opportunity to help more clients.
With Titan Echo, Cost Segregation is feasible for buildings starting at $200,000. This empowers you to create tax savings for your clients that have smaller buildings. Consultants are traditionally cost prohibited from doing projects of this size.
There are more $200,000 properties out there than $1 million properties, and none of those have been segregated because nobody could do it cost effectively. Until now.
Our simple Cost Segregation solution makes it easy for you to…
– Make your clients happier by limiting their tax liability (keeping cash in their pockets)
– Find more clients to grow your business.
…all without the need of a costly consultant or in-house engineer.
But don’t take our word for it…
See what other CPAs are saying about us.
Before we started using Echo, we would only recommend a cost segregation study to a client that had a building that cost more than $1,500,000, The problem was the benefit did not justify the cost of the study.With echo, we will now be able recommend a cost segregation study to almost any client that has a commercial building.
Our first study using Echo was on a building that was purchased in 2012 for $350,000. The additional depreciation deduction in 2014 was $31,000 and we were able to do a late partial asset disposition for an additional deduction of $23,000 We now have detail on all of the components of the building to comply with the Tangible Property Regulations.
Echo is a cost effective and streamlined approach to doing a Cost Segregation study and saving our client’s tax dollars.
– Mike B., CPA
Our firm had traditionally not utilized cost segregation for our clients. After using Echo as a cost segregation solution, we can actively see the immediate tax benefits for our clients. Echo cost segregation studies are a very practical and efficient way to provide our clients with the results they are looking for to help reduce their tax bills.
– Nick Aarsen, CPA
Interested in getting more money for your clients and yourself?
Great, click the button below to get a FREE estimate and see how much cash you could be getting.
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