The effective management of fixed assets is an increasing challenge. The complexity of calculating depreciation, coupled with tax law changes, merger and acquisition activity, and antiquated ERP systems has increased the need for companies to have a clear strategy around the management of fixed asset tax reporting. In light of recent rules meant to help companies better distinguish between currently deductible repair and maintenance expenses and expenditures, increased focus is required.
PwC can help your company apply these laws properly to ensure your company receives the most accelerated depreciation deductions. Based on your organization’s specific needs and goals, we can take a big picture look to determine where fixed asset related services would be the most beneficial.
Fixed asset income reviews
Tangible property analysis
Cost segregation studies
Energy efficient commercial building deductions
Tax depreciation services
Specialized Tax Services Practice Team Leader