Cost Segregation
AZ Business Consulting simplifies cost segregation strategies, making it straightforward for you to access the solutions you need for your organization to grow. Suppose your organization has recently added to its programs, participated in a new joint venture, or gotten a federal grant. Segregating costs and having an allocation plan are essential. You will benefit from knowing upfront what your compliance and cash flow issues are likely to be.
Allow us to guide you through setting up the proper accounting, formulating an indirect cost rate, or maximizing your cash flow so that you concentrate on your organization's operations.
Do your grants and contracts qualify your business for a cost segregation study? Book an appointment with an accounting and business planning professional at no risk to find out more. Dial (623) 252-2922 to get started.
Cost Segregation Defined
When your organization receives a restricted grant or contract; begins to construct, purchase, or develop a new structure of any type, or enters into a joint venture agreement; certain internal and external parties can require you to implement a cost segregation and indirect cost strategy.
What this means is you may have to show how you ensure direct costs of the project are being charged appropriately and how you allocated joint (overhead) costs. In certain cases, you may have to provide this as a written plan which can be audited and tested by whomever gave you funding for the project.
How will you know if your assets are a good candidate for our cost segregation service? Here are some of the most common examples:
- New commercial construction
- Building additions
- Tenant build and finish outs
- Partial and full remodeling
- Building purchase
Our specialists will equip you with the information you need to determine if our services are appropriate to your situation and desired outcomes. Get started by scheduling a risk-free consultation today.
Reporting and Compliance
Managing projects brings on a whole slew of reporting and compliance issues. How often do I need to file a report with the external parties who help fund the project? How often can I request (or draw down) funds for the project? What policies do I need in place? How long am I required to keep reports and accounting data after the project is done? All good questions! With our firm, we can help you answer them and help keep your organization compliant.
Hire an Established Cost Segregation Company
AZ Business Consulting is a well-seasoned cost segregation company passionate about helping our clients discover and use the tools needed to help their projects are successful and compliant. We’re a group of professionals with a solid track record for overcoming challenges quickly and delivering exceptional service and results.
Why not get ahead of the rest by using your resources wisely? Reach us at (623) 252-2922 today to get started.