New restaurant owners frequently ask “How can I find more tax deductions to offset my tax liability and increase cash flow?” Even the most astute taxpayers who implement effective tax planning measures still ask this common question. There is an unexpected option that may help — real estate! A restaurant owner’s new building can be a great way to accelerate tax deductions to offset taxable income and increase cash flow. The method used to determine the tax deductions from the real estate is called a cost segregation study.

The method used to determine the tax deductions from the real estate is called a cost segregation study.

Opening a new restaurant? Consider a cost segregation study

Ty Riley is a tax director with Baker Tilly US, LLP. Ty has more than 20 years of cost segregation, tax and accounting experience. He specializes in cost segregation tax incentives.

Ty Riley is a tax director with Baker Tilly US, LLP. Ty has more than 20 years of cost segregation, tax and accounting experience.

Bachelor of Science in accounting
Illinois State University (Normal, Illinois)

American Institute of Certified Public Accountants (AICPA)

Ty Riley

Location

Chicago, IL

Education

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Opening a new restaurant? Consider a cost segregation study