It is with great pleasure that we at Segregation Holding share with you another one of our latest case studies. Walgreen’s Pharmacy located in Stockton, CA came to us and inquired on how we could help them reduce their income tax burden as well as keep more of their money. Our professional team of analysts were eager to help and our results were quite amazing. Let’s examine the results that our cost segregation study was able to yield for Walgreen’s Pharmacy.
Our original benchmark estimate was to reclassify 12% to all 5-year assets and 10% to all 15-year assets. The reallocation of these assets would deliver $151,854 in federal income tax credits. Of course, Walgreen’s Pharmacy was thrilled with these figures and, truth be told, we were able to actually do a lot more Walgreen’s. After our engineer completed the site survey and headed back to the office to begin crunching the numbers, we discovered that we were able to help them even more. During the number crunching process we were able to reclassify 16.6% to the 5-year assets and 15.8% to the 15-year assets. This meant that we were able to deliver over $223,000 in federal income tax credits. This was almost 50% more than originally estimated and we were so thrilled to deliver such amazing results.
Generally speaking, a cost segregation study is a complex tax strategy that helps businesses who are making money save even more on their federal income taxes. We make the process simple and easy and handle all the paperwork for you. During the cost segregation process we will look to find ways to reallocate assets using accelerated deprecation. While it may sound complicated, at Segregation Holding we work with you one on one and are always there to answer any questions you may have.
We completed the study and delivered powerful results. Cost segregation studies done by Segregation Holding will deliver results every time…as long as your business is a brick and mortar facility and is profitable. Simply give us a call today and learn how we can help your business.
Contact us at 972-865-9050.
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