About Us
EPAct
New construction or renovations of lighting , roof or HVAC can result in your receiving a substantial tax deduction. We use our national network licensed engineers and contractors to meet any of your needs.
1245/1250
The IRS breaks all building components into two parts. 1245 (Personal Property) Vs. 1250 (Real Property).
When you retrofit or build a building MCC can allocate your costs between the two.
1245 depreciates MUCH faster than 1250. Meaning more cash in your hands.
Your Business is Ours
Our clients include Fortune 500 and small regional CPA firms. We work WITH you as a partner to meet your needs.
Abandonment – Capital Asset Partial Retirement.
Lighting, and HVAC are capital assets having a life of 39.5 years by IRS regulations. That life starts when a property is purchased or last retrofit. So, a property purchased 5 years ago that you retrofit still has 34.5 years of depreciation left. That unused depreciation is treated as a tax deduction.
We prepared this study for you to meet the IRS’s specific requirements.