Our Latest Blogs
Proposed Federal Budget Extends Deductions for Energy Efficient Commercial Buildings
Tax deduction Through 179D Energy Policy Act
Tax Update for Country Clubs| Golf Course Owners
Check out: Our CapX blogs and YouTube video series to learn more about the new IRS regulations concerning capitalization vs. repair.
Get In Touch
| CALL - by phone | |
| EMAIL US - for assistance | |
| ASK - a question |
Restaurants | Fast Food
Cost Segregation Partners (CSP), a national leader in providing cost segregation services in the restaurant industry, has performed several hundred studies for fast food, QSR and restaurants across the U.S. Our experienced team of construction engineers and tax CPAs work 100% in the cost segregation service niche with no outsourcing of professionals. Allow CSP to show how allocating a portion of the 39-year assets to 5 and 15 year categories can bolster a significant increase in cash flow to you and your company.
Restaurant/Fast Food Cost Segregation Examples:
- For example, a Restaurant with a cost basis of $1.3 million, placed in service in 2000 could receive additional depreciation in the current year of approximately $308,000.
- A Fast Food Restaurant with a cost basis of $800,000, placed in service in 2009 could receive additional depreciation in subsequent four years of approximately $156,000.
- A Quick Serve Restaurant with a cost basis of $1 million, placed in service in 2007 could receive additional depreciation in first four years of approximately $248,000, resulting in federal and state taxes deferred of $107,000 (using combined 43% tax rate).
- A Restaurant with a cost basis of $1.9 million, placed in service in 2003 could receive additional depreciation in first four years of approximately $356,000, resulting in federal and state taxes deferred of $153,000 (using combined 43% tax rate).
If you own your real estate and purchased it since 1987, you may be eligible for substantial tax savings. Our team of CPAs, engineers and appraisers can read or interpret construction blueprints and architectural information to see if you qualify. To get started, just send us a copy of your tax depreciation schedule for all restaurants owned or with land leases since 1987. We will then estimate the benefits for you based on our extensive industry experience. We have performed hundreds of cost segregation studies on fast food, quick serve and sit-down concepts.
Download this case study example.
Does this work? Here's a Client Testimonial:
"The cost segregation studies Cost Segregation Partners performed on our restaurants allowed us to defer a significant amount of taxes, freeing up cash flow. They performed these studies with minimal disruptions to our business and provided detailed easy to follow reports to support their cost allocations. They have completed a number of studies for us and we look forward to working with them again."
Janice Horvath
Director of Tax
Carrols Restaurant Group, Inc.
ABOUT US: CSP 360 is one of the nation's leading providers of cost segregation and consulting services to the auto dealership, banking, healthcare & medical, hospitality, manufacturing and retail industries. CSP 360 also assists accountants and CPA firms in providing services to their qualified clients who have constructed, bought, expanded or remodeled real estate.
