Why Ernst & Morris for cost segregation studies?

The Nation’s Oldest & Largest Firm
Ernst & Morris Consulting Group, Inc. is the nation’s largest and oldest firm dedicated solely to performing cost segregation studies.  E&M understands that any good business decision is based on the cost versus the benefit received.  Our customers recognize the combination of value and quality they receive, which results in a tremendous amount of repeat business.  With over 10,000 completed studies, Ernst & Morris has earned the reputation as the highest quality provider in the industry.

Over 100 Years of Experience
The Ernst & Morris team consists of a combination of electrical, mechanical, and construction engineers and consultants who collectively possess over 100 years of combined cost segregation and related experience. E&M is not a CPA firm. Ernst & Morris is trusted by more CPA’s to perform cost segregation services for their clients, than any other cost segregation provider nationwide.  According to the IRS, “cost segregation studies should be performed by qualified individuals or firms such as those employing personnel competent in design, construction, auditing, and estimating procedures relating to building construction.”

ComplImentary 48 Hour ESTIMATE
Ernst & Morris provides a complimentary estimate usually within 48 hours of the request.  This estimate projects the tax benefit available and quantifies the cost of having a study performed.

Complete Review for Maximum Benefit
E&M performs a complete “take-off” of the property, including items that do not qualify for accelerated depreciation.  Ernst & Morris completely reviews the blue prints and identifies the quantity of take-offs and cost estimates for personal property that were not segregated through other cost information. In contrast, the “residual approach” (abbreviated method) which is commonly used, contains no analysis of the building or building components.  In addition, E&M goes one step further and color codes the blue prints.  This clearly delineates the “what, why & how” we claim as personal property versus real property.  E&M uses civil/site work, structural, architectural, plumbing, HVAC and electrical drawings.  The coding of the construction drawings is an integral piece for the defense of cost segregation studies to the IRS.

Site Inspection on Every Study
Ernst & Morris job managers perform an inspection and secure digital photos of every property that we study in order to document and gain a comprehensive understanding of the use and condition of the facility.  This inspection is also used as a means to gather additional information to further support the classification of personal property into the appropriate asset class. 

Audit Trail Provided
Ernst & Morris is one of only a few firms in the industry to provide a comprehensive work paper file and supporting audit trail with every study.  With over 10,000 completed studies, E&M has earned the reputation as the highest quality provider of cost segregation studies. 

IRS Support and Experience
E&M studies conform to the “engineering approach”, the highest standard set forth in the “Cost Segregation Audit Techniques Guide” issued by the IRS. Our studies have been successfully defended during an IRS examination and have withstood the scrutiny of IRS audits as well as thousands of CPA reviews. During a recent IRS audit, the IRS agent informed the client that E&M’s product was the most detailed and thorough study they had ever examined.  Ernst & Morris offers complete IRS audit support, which includes 40 gratis hours, with every cost segregation study we perform. 

If you own property valued above $750,000, E&M can help reduce the current tax liability with professional, “engineering-based” cost segregation studies. Call E&M at 1.800.COSTSEG for a complimentary estimate of savings and fees.