Cost segregation is an IRS-approved tax strategy that allows property owners to accelerate depreciation by identifying and reclassifying certain building components into shorter recovery periods. Cost segregation separates qualifying property components into 5‑, 7‑, or 15‑year assets, increasing depreciation deductions in [...]
The R&D tax credit (IRC Section 41) is a permanent federal incentive that provides a dollar-for-dollar reduction in income tax for businesses that create or improve products, processes, formulas, techniques, or software. It equals 6% to 12% of qualifying research [...]
Any for-profit owner of real estate can potentially benefit from a Cost Segregation study: Businesses – businesses that own of commercial real estate, such as office buildings, manufacturing facilities, warehouses, healthcare facilities, self-storage, and other building types. Real Estate Investors – investors [...]
Any business that develops or improves products, processes, formulas, techniques, or software may qualify. This includes companies in software, manufacturing, engineering, food and beverage, aerospace, agriculture, and many other industries. You do not need a laboratory or scientists. The activity [...]
A study typically takes 30-45 days to complete. With that said, a lot hinges on how quickly we can get the requested data and information from the client. More proactive clients can expect to receive the study results and final [...]
Absolutely. The financial benefit depends most on the tax rate, timing, asset makeup, and how much income the property owner has to offset with the additional deductions.
The credit ranges from 6% to 12% of qualified research expenses. The exact amount depends on your wages, supplies, and contract research costs, and whether the qualified activities happened in a State where a State R&D Tax Credit is also [...]
Yes. For properties that were placed in service and capitalized in previous years, Hull & Knarr will perform a lookback Cost Segregation study to identify, document, and calculate the catch-up adjustment. Using this methodology, the property owner doesn't have to [...]
For a quick estimate of the potential financial benefit of a Cost Segregation study, feel free to use our online Cost Segregation estimator. Or, with the following additional information, Hull & Knarr can provide a more accurate estimate: Capitalized [...]
Not necessarily. Even in years when the business generates a tax loss, the company can still continue to claim the R&D Tax Credit. It may still benefit immediately through payroll tax offsets. Or the Federal Tax Credits can be carried [...]
Hull & Knarr is the Tax Credits and Deductions specialist to countless businesses and CPA firms. We are degreed engineers and CPAs whose expertise awards our partners and clients the peace of mind they seek in an otherwise challenging terrain.
Contact Us
| 916 E Westfield Blvd, Suite 300 Indianapolis, IN 46220 | |
| 317.889.8494 | |
| info@hullandknarr.com |
Hull & Knarr is the Tax Credits and Deductions specialist to countless businesses and CPA firms. We are degreed engineers and CPAs whose expertise awards our partners and clients the peace of mind they seek in an otherwise challenging terrain.
Contact Us
| 916 E Westfield Blvd, Suite 300 Indianapolis, IN 46220 | |
| 317.889.8494 | |
| info@hullandknarr.com |
Hull & Knarr is the Tax Credits and Deductions specialist to countless businesses and CPA firms. We are degreed engineers and CPAs whose expertise awards our partners and clients the peace of mind they seek in an otherwise challenging terrain.
Contact Us
| 916 E Westfield Blvd, Suite 300 Indianapolis, IN 46220 | |
| 317.889.8494 | |
| info@hullandknarr.com |
© 2026 Hull & Knarr LLP. All rights reserved.
© 2026 Hull & Knarr LLP. All rights reserved.