 |
The RSH team has the local market knowledge, established relationships, national project level and incentive negotiation expertise, cost segregation and tax solutions background for every situation. |
|
|
|
|
|
|
The RSH Group, founded in Mission Viejo, California, is the turnkey commercial real estate tax solutions provider from the inception of a project to its ultimate demolition. The RSH Group brings over 30 years of experience in every facet of tax and financial solutions.
As a leading provider of world-class site selection, incentive negotiation, compliance management services for companies considering new facilities, expansions, consolidations, dispositions, and relocations, our team has provided over $3.5 billion in incentives and tax credits for our clients as a result of our successful negotiations and compliance management. The RSH team has completed over 1700 site selection and incentive negotiations projects.
RSH team members are nationally recognized experts in capitalized (depreciated) assets, specializing in asset reclassification, fixed asset management, and asset retirement. Having completed thousands of cost segregation, asset reallocation, property tax reclassifications, and asset retirement studies, RSH can provide substantial benefits for the $500 million project as well as the $5 million dollar project.
All our tax solution and incentive services have one goal, to assist our clients to take full advantage of available incentives, tax laws and IRS regulations.
Only 20% of available incentives are ever claimed. We make sure every available program is secured, and RSH has never lost a single dollar for the client as a result of compliance.
Companies that have not reviewed their asset depreciation utilizing an engineering based cost segregation are usually significantly overpaying their Federal and state income taxes, as well as their property taxes. Our clients realize up to a 50% improvement in their after tax net profits for the 3-5 years following our engagement. |
|
Cost Segregation
Cost Segregation is an IRS-approved process of identifying personal property assets that often get buried or lumped together within the Real Property asset category. By undergoing a cost segregation study, these personal property assets are reclassified to the shortest possible depreciation life to enable the real estate owner to maximize depreciation which then reduces the current federal income tax obligation. The tax savings generates cash flow that the owner can use to reinvest in the business or report as earnings.
RSH provides only engineered cost segregation studies – the method that the IRS most frequently recommends. By hiring an independent, third-party company so as to not trigger IRS concerns as to study integrity and voracity, our engineers identify and reclassify segments of your real property into personal property. This allows you to accelerate the depreciation of your buildings and/or renovations into five, seven, and fifteen year categories rather than the conventional 27.5 and 39.5 year schedules. Five and seven year items include decorative building elements, electrical for dedicated computer equipment, and carpeting. Fifteen year items include site utilities, landscaping and paving.
Free Analysis
If you are qualified, RSH will offer you a free comprehensive diagnostic assessment of your property in order to estimate the potential savings resulting from a cost segregation study. If appropriate, RSH will quote you a fixed fee for the study and an estimate of net present value benefits. Our services frequently yield immediate returns of $20.00 or more for every dollar spent – we guarantee it.
Quotes from IRS’s Cost Segregation Guide:
“In order to compute depreciation using proper class lives and recovery periods, assets must be assigned to the proper asset classes. Cost segregation studies generally produce listings for groups of assets, based on asset classes under ACRS (Accelerated Cost Recovery System) or MACRS (Modified Accelerated Cost Recovery System).”
“In order to calculate depreciation for Federal income tax purposes, taxpayers must use the correct method and proper recovery period for each asset or property owned. Property, whether acquired or constructed, often consists of numerous asset types with different recovery periods. Thus, property must be separated into individual components or asset groups having the same recovery periods and placed-in-service dates in order to properly computer depreciation.”
IRS Cost Segregation Audit Manual
Catch-Up Depreciation Studies
IRS rules allow corporations to correct the tax lives for assets placed in service back to 1987. RSH can correct the tax lives by doing catch up depreciation studies for older buildings that have been place in service in prior tax years. The results of these studies can be taken as a one-year lump sum adjustment on the corporate tax return. No amended tax returns need be filed.
|
|
Today,
Incentives Can Make Deals Happen, making successful
incentive negotiations a critical component of the site selection
process. Conducting an opportunity evaluation is a process that
is often overlooked by corporations, resulting in immediate and
long term unrealized contributions to the bottom line. Incentives
are a Win, Win, Win for corporate America, local government,
and the community.
Types of incentives and credits RSH negotiates and attains:
- State Tax Credits
- Employee Hiring Credits
- Enterprise Zone Credits
- Investment Tax Credits
- New Market Tax Credits
- Pollution Control Credits
- Renewal Zone Credits
- Relocation Costs
|
|
- Federal Empowerment Zones
- Infrastructure Improvements
- Community
Development Block Grants
- Industrial Development Bonds
- Infrastructure & Economic Development
Bank
- Sewer & Water Improvements
- Transportation Grants
|
|
|
|
RSH Group monitors the incentive program
negotiated in accordance with the terms and conditions set forth
in the contract to ensure compliance and contribution to the
client. Negotiated incentives require follow-up and follow-through.
It is a critical value part of the process and typically overlooked
or taken for granted by corporations, as over 50%
of all negotiated incentives are never collected.
Our compliance management group monitors your incentives package
through the entire collection period, resolves issues and files
all the necessary documentation and reports. Our proprietary
web enabled project management tool is accessible to our clients
at all times for monitoring, if desired, and ensures that all
aspects of a project are taken into consideration with the highest
level of security and confidentiality.
|
|
For
more information or to schedule an on-line or on-site presentation, click
here. |
|