The Journal of Accountancy recently published an article titled "Side effects of cost segregation."
"Increased current cash flows and net-present-value savings from accelerated tax depreciation resulting from cost-segregation studies have been discussed in the JofA and other professional literature. But the initial cost-segregation decision can determine later tax side effects, both positive and negative. This article explores some of the tax benefits and drawbacks linked to the use of cost segregation that can materialize in subsequent periods."

Larry Maples, CPA, DBA and Robert D. Hayes, CPA, PH.D. ""Side effects of cost segregation" April 2012. Continue Reading