Tax Management
Services Tax Management Useful and Economic Life Cycle Studies
    

Useful and Economic Life Cycle Studies

Life cycle studies can be an effective tool to reduce property tax expenses. These analyses provide an estimate of the period of time over which an asset may reasonably be expected to perform the function for which it was intended. Useful life studies examine the remaining physical life of the asset, while economic life cycle studies look at the remaining value of the asset. When paired together, useful and economic life cycle studies can serve as the basis to depreciate assets more quickly.

  • Trigger Events
  • Related Services
  • Get Started
  • You believe your assets will be worthless in three to five years, and the assessor believes your assets should depreciate over 10 years
  • You are running equipment during more than one shift daily
Tax Management – Property Tax: Valuation for Appeal
  • Attack over-assessments by filing an appeal when the assessed value of real property is higher than your property’s Fair Market Value
Tax Management – Property Tax: Fixed Asset Reconciliation
  • Stop paying taxes on “ghost assets” by reconciling your fixed asset schedule to accurately reflect the actual property you own

View AccuVal’s Appraisal Expertise by Asset Class:

Business Enterprise

Equity & Stock

Bonds

Intangibles & Intellectual Property

Machinery & Equipment

Inventory

Real Estate

Accounts Receivable

The following is needed to determine how AccuVal can help:
  • Fixed asset listing
  • Estimate of the economic life of the asset
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