NEW ORLEANS DENTAL ENTERPRISES, INC. (NODE)
PREFERRED PROVIDER
Cost Segregation Services, Inc.
Account Representative
Kathy
Ferguson
9655 Perkins Road, Suite C
Baton
Rouge,
Louisiana
70810
866.932.2327
225.932.2327
kathyf@costsegserve.com
www.key.costsegserve.com
In 1985, Kathy started in the Financial Services Industry with a National collection agency in New Orleans, was promoted to Sales Training Manager in 1987, then to District Manager in 1989. She then joined MoneyQuest as a District Manager and in 2001 was named Regional Manager for MoneyQuest Corporation. She now holds the title of National V.P….Where she currently has clientele through out the U.S. that she is responsible for, from California, Missouri, New York, Texas, Mississippi, Louisiana to Georgia and has been a guest speaker at association meetings through out the years.
In 2007, MoneyQuest added cost segregation studies to their suite of financial services through an agreement with CSSI, an engineering firm specializing in cost segregation studies of commercial properties of $250,000 and greater. CSSI has completed over 5000 studies to date.
The
History
of
Cost
Segregation
Services
Inc.
(CSSI)
Shortly
after
the
landmark
decision
in
the
1997
Hospital
Corporation
of
America
(H.C.A.)
vs.
IRS
tax
case,
the
founder
Jim
Shreve
was
commissioned
by
a
New
York
City
tax
attorney,
who
worked
on
the
H.C.A.
vs.
IRS
case,
to
develop
the
protocols
and
processes
to
provide
“engineered
cost
segregation
studies”
for
commercial
property
owners.
Mr.
Shreve,
an
engineer
and
economist,
understood
the
financial
impact
of
cost
segregation
on
commercial
property
owners
and
developed
the
application
according
to
the
IRS
tax
rules
and
regulations.
At
first
the
fees
for
the
studies
were
in
excess
of
$100,000
and
were
only
for
properties
with
at
least
$10,000,000
in
building
costs.
Mr.
Shreve
realized
an
enormous
market
place
was
being
ignored.
This
market
place
was
commercial
property
owners
who
have
building
costs
of
$200,000
-
$10
million,
and
should
have
the
opportunity
to
the
increased
cash
flow
through
tax
savings
created
by
cost
segregation.
Mr.
Shreve
developed
an
efficient,
affordable,
and
compliant
engineering
method
to
provide
cost
segregation
studies
for
commercial
and
residential
rental
properties
in
the
United
States.
Through
the
development
of
his
application
Cost
Segregation
Services,
Inc.
(CSSI)
was
formed
with
the
purpose
of
providing
engineered
cost
segregation
studies
for
property
owners
of
all
sizes.
CSSI
is
the
premier
engineering
company
providing
cost
segregation
studies
for
U.S.
property
owners.
Cost Segregation Services, Inc. (CSSI), an experienced and qualified engineering company, performs the cost segregation study on your property. The study accelerates the depreciation of your building/renovation components into shorter depreciation categories such as 5-, 7- and 15-year rather than conventional 27.5- and 39.5-year schedules. Five- and 7-year items might include decorative building elements, electrical for dedicated computer equipment, and carpet. Fifteen-year items might include site utilities, landscaping and paving. This engineered cost segregation study results in much higher depreciation expense and significantly reduced taxable income for the property owner. Best of all, the IRS ruling states cost segregation can be applied to all categories of buildings purchased or built since 1986, including renovations, and there is no need to amend your tax returns.
Cost segregation is an IRS approved technique that allows for accelerated depreciation of commercial properties based on an engineering study that segregates different types of assets in the property into their appropriate depreciation schedules. She will provide you a free analysis based on your depreciation schedule or by answering 5 simple questions. Then they will work with your CPA to apply to your taxes to benefit you.
Kathy looks forward to giving our organization her personal attention by offering a valuable benefit to our members. She will provide a well rounded service offering financial solutions to your account recovery needs and tax savings…to increase your cash flow.
I encourage you to contact Kathy at 225.932-2327and see for yourself, that her solution is truly, a whole new concept that will be financially advantageous to your practice and she is looking forward to being…“Your Financial Recovery Solution.”
Advertisement
Complimentary Property Analysis
Dear NODA Member,
We are pleased to announce that the New Orleans Dental Association has chosen Cost Segregation Services Inc (CSSI) as a preferred provider. As part of our service to our members, we are continually looking for cost savings and revenue enhancing opportunities that are valuable in today’s economic environment. We believe that CSSI will be able to help you keep many of your hard earned dollars and put them back in your pocket, you may be paying too much for your taxes.
Cost Segregation Services, Inc. provides you an engineering based study that allows you to accelerate depreciation on commercial properties.
§ IRS approved & engineering based tax strategy
§ Accelerate Depreciation: 5 years vs. 39 years on owned or leased property
§ New construction, purchased or existing buildings, renovations or expansions qualify
§ Reduce the amount of taxes owed
§ We coordinate with your CPA
§ Increase cash flow
§ Average $40k to $60k tax savings for dentists
If you own your own dental practice and have your own commercial building, or you have done significant leasehold improvements, and you have not heard of cost segregation, chances are you are paying too much in taxes. The criteria are simple. If the value of your building is over $250,000 or have had $100,000 in leasehold improvements, you probably qualify for significant tax reductions and tax savings by applying cost segregation to your property even if you already applied under the GO ZONE Act.
Cost segregation is an IRS-approved and engineering based application by which commercial property owners, including dental clinics, can accelerate depreciation and reduce their taxable income. This benefit generates serious cash flow that owners often use to reinvest in the business, purchase more property, apply to their principle payments, or spend on themselves.
CSSI’s goal is to assist you in reducing your taxes and increasing your cash flow to the tune of about $40,000 to $60,000 for a typical dental property. This is something h HOT for you and your accountant to look at to save you money on your taxes! Now, all situations are specific to your practice. But it is worth filling out an evaluation form (if you haven't already) and having our representative, Kathy Ferguson, review this information. You can get a Free Analysis No Cost... No Risk... No Obligation... done by simply faxing a copy of your depreciation schedule to her fax 225/282-2327 or you can answer less than 5 simple questions about your property...It's that easy, you can do all of this by logging on to her website at www.key.costsegserve.com or contact Kathy Ferguson at 225/932-2327. Kathy Ferguson is the "Exclusive CSSI/NODA Representative" with over 20 years of financial services experience. Help support NODA by contacting Kathy today! Don't leave money sitting on the table...after all, it’s your money.
We are pleased to recommend this service for all your revenue enhancing needs. Kathy Ferguson will be calling you to consult with you and will only need a few minutes of your time, as a valued member of our preferred provider program. She is looking forward to being of service to you and meeting with you at your next available opportunity. Contact Kathy Ferguson directly at 225/932-2327 or fax to 225/282-2327.
Link to www.key.costsegserve.com or kathyf@costsegserve.com.
By
Kevin
J.
Collins,
DDS
NODE
President
NODA News Interview
“Have
you
Applied
Cost
Segregation
to
your
Commercial
Property
Yet?
Is the economy today weighing you down? Are you needing increased cash flow?
Are yOU paying too much on your income taxes?
Would you like to legally reduce the amount of taxes owed?
Is there a secret to paying less taxes that you may not know?
If you want to know the answers to these questions and the secret solution…then read this article!!!
Kevin, you can just consider me the Messenger… I am bringing good news. With the economy today people are looking for ways to increase their cash flow and save money. I am going to share some secrets that will benefit your members. Perhaps your members who own or lease properties are not aware that they have money coming to them from the IRS and it has their name on it and I am going to show them how to claim it.
I want to make your members aware that this opportunity is available to any commercial property owners and should be considered by every taxpayer who owns, is constructing, renovating or is purchasing any commercial property. This tax savings can be applied to nearly any type of commercial property.
Any owner of only one property or multi-property owners or if they lease properties and have done lease hold improvements…They need to know this secret…Do you want to know the name of this secret?
By all means, please tell the members all about it.
The
Name
of
this
Secret
is
“Cost
Segregation”
It
is
an
IRS
approved,
engineering-based
tax
strategy
that
allows
commercial
property
owners
to
accelerate
depreciation
which
lowers
their
taxable
income,
which
reduces
the
amount
of
taxes
owed,
which
in
turn
can
provide
them
with
significant
savings.
What
do
you
mean
by
Significant
Savings?
Kevin…Are
you
saying
show
me
the
money!
I’m
not
just
talking
about
a
thousand
here
and
a
thousand
there.
I
am
talking
tens
of
thousands
of
dollars.
For
example,
if
you
owned
a
property
not
counting
the
land
and
it
cost
$500,000,
you
could
easily
save
30
to
50k
on
your
taxes
by
increasing
the
accumulated
depreciation
expense
by
anywhere.
For
example,
from
90
to
130k,
this
will
dramatically
change
the
taxable
income
depending
on
your
tax
bracket
and
of
course
this
is
just
a
small
example…imagine
how
much
we
are
talking
about
on
a
million
dollars
or
above
properties
like
the
doctors
that
you
have
that
own
multiple
properties
or
other
investments
outside
of
their
office,
like
residential
properties
that
are
leased
out
to
tenants
or
any
commercial
properties
that
total
over
$200k…Now
does
that
get
your
attention?
Yes, that sounds great.
What
exactly
is
Cost
Segregation?
How
does
it
work?
It
is
an
IRS
approved
and
engineering-based
approach
to
identify
assets
within
the
building
that
can
be
reclassified
into
a
shorter
depreciation
than
the
building
itself,
typically
20
to
30
percent
of
the
building
that
is
immovable
or
attached
to
the
structure
these
are
elements
that
your
CPA
typically
does
not
depreciate.
These
assets
can
then
be
depreciated
for
5,
7
or
15
years
rather
than
the
standard
straight-line
method
of
27.5
or
39
years.
What
is
the
difference
between
the
5,
7
and
15?
5
year:
Decorative
elements,
carpet,
flooring,
trim
work
to
security,
lighting,
communications,
and
kitchen
elements.
We
are
talking
about
depreciating
your
immovables
vs.
moveables
or
reclassifying
components
and
improvements
from
real
property
to
personal
property.
If
you
can
replace
your
flooring
in
5
years
then
why
not
fully
depreciate
it
in
5
years,
why
wait
39
years?
Think
about
it…Where
will
you
be
in
39
years?
Money
today
is
better
spent
now
than
later.
15
years:
Outside,
Landscaping,
parking
lot,
lighting,
sidewalks,
and
fencing
are
a
few
examples.
Why
Haven’t
we
Heard
of
this
before?
How
long
has
this
been
available?
To
give
you
a
little
history,
it
started
in
1997
with
the
landmark
decision
in
the
Hospital
Corporation
vs.
IRS
tax
case.
The
question
asked
of
the
judge
is
“Why
is
it
that
commercial
property
owners
in
America
do
not
accelerate
depreciation
based
upon
their
personal
property
vs.,
the
structural
part
or
what’s
called
real
property?
They
won
this
law
suit
and
after
this
many
national
chains
joined
in.
Now
any
property
over
$200k
can
segregate
their
property
and
have
an
engineered
cost
segregation
applied
with
no
grey
areas…pre-approved
by
the
IRS,
as
long
as
the
stipulations
and
guidelines
are
followed
as
it
says
on
the
www.irs.gov
website.
Tell
me
more
about
your
Company!
Our
founder
was
commissioned
by
New
York
city
tax
attorney
who
worked
on
the
HCA
vs.
IRS
case
to
develop
the
protocols
and
processes
to
provide
“engineered
cost
segregation
studies”
for
commercial
property
owners
of
all
sizes.
Our
company
is
the
premier
engineering
company
that
delivers
quality,
efficient,
affordable
and
compliant
cost
segregation
studies
through
out
the
U.S.
We
have
successfully
completed
nearly
6,000
studies
nationwide
on
properties
ranging
from
200k
to
180
million
in
cost
and
we
are
proud
to
say
we
have
NEVER
had
a
study
denied
by
the
IRS.
Why
didn’t
my
CPA
tell
me
about
this…Are
they
aware?
Well
some
are
and
some
are
not…they
just
became
aware
In
August
of
2004
the
AICPA
“American
Institute
of
Certified
Public
Accountants”
Wrote
a
long
article
in
their
journal
that
states
that
“A
taxpayer
can
substantially
increase
cash
flow
by
segregating
property
costs”
They
recommend
that
all
CPA’s
make
their
clients
aware.
The
CPA
who
is
our
consultant
for
our
company
has
been
voted
the
number
one
trainer
for
the
AICPA
for
the
last
3
years.
Our
professional
tax
consultants
and
our
experienced
engineers
will
answer
any
questions
and
assist
you
and
will
work
closely
with
your
CPA.
How
do
I
know
if
my
CPA
has
already
done
this?
You
can
get
a
copy
of
your
last
year’s
depreciation
schedule
and
see
if
this
has
been
applied.
If
it
was
applied,
you
should
have
noticed
the
reduction
in
taxable
income.
Do
you
remember
getting
a
substantial
savings
last
year
and
having
an
engineer
crew
come
and
visit
your
property
to
survey
and
take
pictures.
If
not
you
probably
didn’t
have
an
engineer
cost
segregation
study
performed.
What
if
my
property
is
over
5
years
old…Does
age
of
the
Building
Matter?
The
total
tax
savings
that
would
have
been
generated
in
the
first
five
years
of
ownership
can
be
applied
toward
your
current
tax
year
when
the
engineering
study
is
performed.
This
additional
depreciation
can
be
applied
in
total
“Without
Having
to
Amend
your
Taxes”.
In
fact,
you
could
start
applying
these
savings
on
your
next
quarterly
tax
payment….To
answer
the
second
question
Does
Age
of
Building
Matter?
No,
the
age
of
the
building
itself
does
not
matter
it
can
be
100
years
old.
What
matters
is
the
date
it
was
acquired
by
the
owner
or
when
the
improvements
were
complete,
as
long
is
it
was
after
1986,
then
you
qualify.
What
if
I
already
applied
Go-Zone
on
my
New
Construction
or
the
Improvements?
Go-Zone
allows
you
to
depreciate
50%
of
your
building
cost
immediately
due
to
Katrina…
For
example
on
a
$1,000,000
building
you
can
depreciate
$500,000.
This
means
that
there
is
still
$500,000
that
will
be
depreciated
over
39
years.
This
residual
amount
of
$500,000
can
have
a
cost
segregation
study
performed
and
increase
your
total
depreciation
and
lower
your
taxable
income
and
save
you
money
on
your
taxes.
How
can
I
see
how
much
it
will
Benefit
Me?
By
providing
us
basic
information
from
your
depreciation
schedule,
we
will
perform
a
Complimentary
Property
Analysis.
If
you
don’t
have
easy
access
to
your
depreciation
schedule,
we
can
still
perform
a
complimentary
analysis
if
you
can
answer
5
basic
questions:
Type
of
Property…
Date
Acquired…
Cost
of
Property
(without
land)…
Renovation
Cost,
if
any…
Dates
Renovation
Completed,
if
any.
(Go to www.nodental.org to Preferred Providers and click on Cost Segregation Services then click on Complimentary Property Analysis fill in and fax to 225/282-2327 to get most accurate analysis send depreciation schedule as well), or call me at 225/932-2327, or email me this information to costseg@kathykferguson.com. Within a couple days I will have the complimentary study back to you and within 4 to 6 weeks we can get the study completed and back to you and your CPA to be applied.
Do
you
have
any
other
Dentists
in
the
area
that
have
used
your
services?
Here
is
a
Quote
from
one
of
our
satisfied
dentist…“CSSI
provided
us
with
the
support
we
needed
for
our
cost
segregation
study.
They
were
great
to
work
with,
and
very
reasonable.
Cost
segregation
is
a
fantastic
way
to
save
your
tax
dollar”…
Dr.
Raymond
J.
Unland
Jr.,
D.D.S.
(2009
Treasurer…
New
Orleans
Dental
Association)
How
will
this
benefit
NODA?
We
are
a
Preferred
Provider
for
NODA
and
for
each
completed
study
a
fee
will
be
paid
to
NODE.
While
increasing
your
cash
flow
you
will
be
increasing
the
cash
flow
of
NODE,
which
in
turn,
brings
prosperity
to
you
all.
If
I
don’t
own
a
commercial
property,
how
will
it
benefit
me?
We
have
a
referral
program
that
will
pay
a
fee
to
anyone
who
refers
a
property
owner
to
me
who
uses
our
services
to
successfully
perform
an
engineering
study.
This
can
be
friends,
family
or
business
associates.
If
this
referral
is
from
a
NODA
member,
NODA
will
also
receive
a
fee.
Using
this
referral
program
will
not
only
benefit
the
person
you
refer,
but
also
you
and
your
organization.
This
Offer
and
Program
is
exclusively
thru
the
liaison
for
NODA
“ME”
“Kathy
Ferguson”
225/932-2327.
“Have
you
Applied
Cost
Segregation
to
your
Commercial
Property
Yet???
“There
is
MONEY
with
your
name
on
it
…come
and
claim
what
is
rightfully
yours
the
IRS
has
approved
it…
the
AICPA
recommends
it…What
are
you
waiting
for…
there
is
No
Risk,
No
Obligation
and
NO
Cost
to
find
out
if
you
have
tens
of
thousands
of
dollars
to
hundreds
of
thousands
of
dollars
with
your
Name
on
It
waiting
for
you.
What
Can
you
do
with
the
Savings
and
Increased
Cash
flow?
You
can
reinvest
it
in
your
business,
purchase
more
property,
apply
to
your
principle,
pay
off
a
loan
at
8%
-INTEREST
FREE
on
the
government.
or
just
spend
on
yourself
or
your
loved
ones…It’s
your
money
do
what
you
want
with
it
or
ask
your
financial
planner
what’s
the
best
return
on
your
money.
The Bottom Line is…Don’t Leave YOUR Money on the table after all IT’S YOUR MONEY and Who can spend it better and Who needs it more… YOU or the IRS? Call Kathy today and find out how much money is yours!
By
Kevin
J.
Collins,
DDS
NODE
President
Website