Why CostSeg Northwest?

Our detailed Cost Segregation Studies are guided by IRS regulations, tax court rulings and the IRS Audit Techniques Guide. But we do not over-engineer our studies or push the limits of the IRS. This approach appeals to owners for these reasons:

1. Local Accountability
2. Reasonable cost
3. Lower likelihood of audit
4. Compliance with IRS guidelines
5. Designed to meet the needs of your tax accountant
6. Our studies have been tested successfully in IRS audits, and we represent our clients before the IRS at no charge.

Actual Cost Approach

For new construction a Cost Segregation Study should be based on “Actual Cost” as opposed to “Estimated Cost.” In most cases highly-engineered quantity surveys, and the use of added design professionals and estimation guides are simply unnecessary. We work closely with the owner’s contractors to identify and isolate all costs that should be re-allocated, and we deliver the resulting fixed asset schedules directly to the owner’s tax accountant. It is a streamlined, IRS-approved approach that provides superior value to the owner.

We Speak the Language of Construction

At CostSeg Northwest we speak the language of construction and we enjoy a strong relationship with the construction industry in the Northwest. Contractors work with us as teammates with a common goal – savings for the owner.

Engineering-based Approach

If the property is existing (not new construction) and cost documentation is poor or non-existent, we use the engineering-based approach in identifying and reclassifying building components and costs. This approach involves cost estimating (often referred to as “engineering” by many practitioners).  At CostSeg Northwest, we recognize that there are diminishing returns to cost estimating and we take care not to “over-engineer” our studies at the owner’s expense.