We are a month away from the July quarterly tax payments being due for business owners and building owners. If you own a building and have not done cost segregation yet, you could get an estimate on your building and use those estimated taxes benefits to help you calculate and lower your quarterly tax payments throughout 2025 (or a future year if you’re reading this after 2025).

We always recommend you strategize and consult with your own tax advisor on this. But let’s say you currently owe $15,000 per quarterly tax payment. You’ve owned a building for a few years and can benefit from the accelerated depreciation or bonus depreciation but you just haven’t done cost segregation on your property. So you reach out and get an estimate or a preliminary analysis. Let’s say that estimate shows we’ll save you $50,000 in income taxes for this coming year. You’re currently paying $15,000 per quarter for your taxes….with this estimate, maybe you decide to cut that number in half or more and keep that money in your bank account to use as you see fit. But this is how you can use a cost segregation estimate to help lower your quarterlies. Consult with your tax advisor.