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Whether you're looking for a cost segregation provider,
or you're a cost segregation professional looking to take
your career to the next level, it all starts here.
Are you working with the top cost segregation firms in the industry? ASCSP members must agree to abide by the Society’s very stringent code of ethics.
Who we are
What is the ASCSP?
ASCSP was created to address the growing need for credentials, technical standards, education, and a Code of Ethics within the cost segregation industry.Learn More
Education Opportunities
Tap into the brain trust of the most experienced Cost Segregation professionals in the industry.Learn More
Career Center
Need to hire? Check out the resumes. Need a change? Check out the listings.Learn More
Code of Ethics
The ASCSP Code of Ethics is the only existing within the cost segregation industry. This is the foundation of all ASCSP standards.Learn More
Conference 2018 – Nashville
Membership Benefits
Return on investment through member services, networking with peers, technical information exchange and documents that help you do your work better.Learn More
Why should I join the ASCSP?
The ASCSP was established as a non-profit corporation in response to the growing need for education, credentials, technical standards and a Code of Ethics within the cost segregation industry. Membership is open to all individuals that meet the standards currently set by ASCSP.
ASCSP is recognized by National Registry of CPE Sponsors as an approved CPE program sponsor
Professional testing & Certification
Member discounts
Networking opportunities
Minimum Quality Standards Manual
Career center
What Is Cost Segregation?
Cost segregation is the process of identifying property components that are considered “personal property” or “land improvements” under the federal tax code.
The primary goal of a cost segregation study is to identify all construction-related costs that can be depreciated over a shorter tax life (typically 5, 7 and 15 years) than the building (39 years for non-residential real property).
Personal property assets found in a cost segregation study generally include items that are affixed to the building but do not relate to the overall operation and maintenance of the building.
Land Improvements generally include items located outside a building that are affixed to the land and do not relate to the overall operation and maintenance of a building. Reducing tax lives results in accelerated depreciation deductions, a reduced tax liability, and increased cash flow.
Learn more by reading the IRS publication – Cost Segregation Audit Techniques Guide
This Audit Techniques Guide is presented in several chapters. These chapters can be accessed and then printed by following the links in the Table of Contents HERE.
ASCSP Cost Segregation Dictionary
