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H&M Team Members Continue Toy Drive Tradition
Holbrook & Manter's commitment to Nationwide Children's Hospital rolls on with our annual toy drive! Our team members were invited to donate toys for the patients at the hospital and they showed up in a big way. From building blocks to crafts, and everything in between, our team set out to brighten the holiday season of the kids that must spend the holidays in the hospital.
Nationwide Children's Hospital makes donating toys so easy. They provide Amazon Wish Lists to shop from for those that choose to do so. They also share information on the items they currently need the…
The Benefits of a Cost Segregation Study
A cost segregation study is a strategic tax planning tool that allows a business property owner to accelerate depreciation deductions. That, in turn, will enable the owner to reduce taxable income and increase cash flow. A cost segregation study can be performed by an expert in the field. The study separates various building components — such as electrical systems, certain plumbing systems and removable carpeting. It then allows the personal property to be reclassified for tax purposes and deducted over a much shorter period. This strategy has been consistently upheld in the courts.
Fundamentals of depreciation
Business buildings generally have…