It is with great pleasure that we were able to help Dr. Louis Cadena and his dental practice located in Del Rio, Texas. Dr. Cadena DDS, came to us at Segregation Holding to inquire how our cost segregation study could benefit his dental practice. Generally speaking a cost segregation is a complex tax strategy that uses accelerated depreciation under MACRS. This tax strategy will help businesses who are profitable save even more on their federal income taxes. This will obviously increase their cash flow. Dr. Cadena was looking for a way to lower his federal income tax burden and was wondering if cost segregation was just the answer he was looking for.
Our team of professional analysts completed the original benchmark estimate and determined that by using accelerated depreciation Dr. Cadena would be able to save $28,000 in accelerated depreciation. The savings come from using accelerated 5 and 15 year depreciation instead of the traditional 39 years. This was the original quote that Segregation Holding provided to Dr. Cadena. Of course, the good doctor was more than thrilled with the results from our original benchmark estimate. However, when we got back to the office and began crunching the numbers, we were able to save even more. In fact, our post study results showed an accelerated depreciation amount of $35,000 which is almost 30% more than we originally estimated. In addition to saving more than promised, we were also able to get Dr. Cadena over $14,000 in federal income tax refund for 2012. All of this lead to an increase in daily cash flow as well as reduced tax burden.
The truth of the matter is an engineered cost segregation study performed by Segregation Holding will always deliver positive results and in virtually all cases our results will exceed your expectations. As long as the business is profitable, a cost segregation study will yield exceptional results. We will handle all the paperwork for you and ensure that the guidelines by the IRS are met. We pride ourselves in delivering amazing accelerated depreciation results not to mention being able to answer any questions you may have. From cost segregation to accelerated depreciation and any other cost segregation tax related questions you may have, we are just a phone call away.
If you would like to have our professional team help your business save money as we did for Dr. Cadena, simply call us today at 972-865-9050.