Businesses of all sizes and industries can reduce federal income taxes for qualified research expenses

For companies that own commercial real estate, multifamily housing, or tenant improvements

Offset the costs associated with building energy efficient properties with these tax credits

Leverage your green building tax deductions

Generate cash by leveraging existing inventory for profit

Energy Solutions for Commercial and Residential Properties

Ensure compliance and maximize profits while minimizing losses

Request an enhanced R&D tax credit study to offset amortized tax liability

R&D tax credits for businesses based in the UK

Automate your R&D tax credits with GOAT.tax

Achieve More for Your Clients

Insights

Our Latest Insights

174 Update – Notice 2024-12 & Rev Proc 2024-9

Brian Coddington January 5, 2024

174 UPDATE – NOTICE 2024-12 & REV PROC 2024-9 On December 22nd, 2023, the Service released both Notice 2024-12 and

A CPA’s Basic Guide to SALT Requirements

Benjamin Kluwgant January 22, 2024

State and local taxes affect every business in Illinois in one way or another. To ensure their clients remain tax

LIFO vs. FIFO: Choosing the Right Inventory Identification Method

Karen Koch, CPA, MT March 4, 2024

Inventory identification is a crucial aspect of managing a company’s finances. It impacts your cost of goods sold (COGS), profitability,

Stay informed and educated with our Case Studies, Tax News, Service Line Collateral, and Sample Tax Forms

Businesses of all sizes and industries can reduce federal income taxes for qualified research expenses

Upcoming conferences, workshops, and webinars

Explore articles written by industry leaders on all our service lines

About Us

Our Industry Leaders

R&D Tax Credit

Cost Segregation

Energy Efficiency Tax Credit

Tax Law and Regulations

Our people are our greatest asset.

Join the Source Advisors family! Check out our open positions.

Community outreach and philanthropy.

Company updates and press releases

Case Studies

Cost Segregation for a Restaurant

A Comprehensive Source Advisors Case Study

Cost Segregation for a Stand Alone Franchise Restaurant

In the restaurant business, the right financial tactics can be game-changing. See how Source Advisors used Cost Segregation to yield notable tax savings for a well-known hamburger restaurant.

About the Restaurant

The $3,000,000 property is a national Drive-Thru and Eat-In hamburger focused restaurant.

The Challenges

With diverse assets like underground rainwater systems and specialized interiors, the goal was to accurately segregate the components to capitalize on shortened tax life opportunities.

Property Breakdown

The building is approximately 2,000 square feet. The lot is 25,000 square foot and includes parking, sidewalks, curbs, trash can surround, underground rainwater runoff and landscaping that are treated as Land Improvements with a 15 year tax life rather than 39 years.

The interior retail/food service spaces had millwork, data, point-of-sale, vinyl flooring, drive thru windows, decorative light, electrical, plumbing and HVAC that are treated as Personal Property with a 5 year tax life rather than 39 years.

The Source Advisors Solution

Source Advisors Cost Segregation engineers were engaged to analyze the acquisition cost. They then applied a cost model to allocate the purchase price to various trades and building components.

Our engineers conducted a thorough inspection of the property where estimates were performed. Key property personnel were also interviewed. A detailed report was delivered, identifying and documenting all of the components that qualify for a shorter tax life.

Financial Results

Following this extensive examination, Source Advisors accomplished:

15% or
$450,000

as 15-year Land Improvements

25% or
$750,000

as 5-year tangible personal property

Such results are standard for a national franchise in the hamburger domain. The high-end food service environment played a role in amplifying these outcomes.

Request a Cost Segregation Proposal

"*" indicates required fields

Step 1 of 2

Did you build or buy the building?*

Build

Buy

Most recently added property address:*

How many square feet is the building?*

(Enter Number)

Did your building or renovations cost greater than $500,000?*

Yes

What is the business activity inside the building?*

Additional Comments

Your Name*

Your Email Address*

Your Phone Number*

State*

Company Name*

Company Website*

Are You A Tax Professional?*

Yes

How Did You Hear About Us?*

Search Engine

Client Name

CPA Firm Name

CPA Contact Name

I would like to opt into the Source Advisors mailing list

Opt In

By entering your email address, you agree to receive more information from Source Advisors in accordance with our privacy policy.

CAPTCHA

Get Started Today!

Don’t leave money on the table. Contact Source Advisors to find out how Cost Segregation can work wonders for your bottom line.

Discover the Source Advisors Difference

Our industry experience with cost segregation has helped businesses claim billions of dollars in tax credits and incentives.

Expert Analysis

Our engineers excel at delineating construction costs to yield the highest tax benefits.

Proven Track Record

Our 40-year history of achieving substantial tax credit savings for clients across various industries is a testament to our commitment and expertise.

Precision

Our thorough reporting ensures every qualifying cost is adeptly reclassified.

Seamless Client Experience

Our dedicated support team is readily available to guide you through every step of the process, ensuring a smooth and stress-free experience.

Legally Robust

Our recommendations stand in full compliance with tax legislations, offering clients unmatched peace of mind.