We worked with a paver and concrete block manufacturer who bought a building and block plant for $1.95 million in Northern NJ. We initially estimated an income tax savings of $82,000.
After our analysis we realized a savings of $148,000 in bottom-line income tax savings for our client.
Do you have a large footprint of paved area for your facility? Contact us for a free analysis to see if we can get some savings vs. the typical straight line depreciation you might be taking.