Simplify Your Asset Management

Optimize your fixed asset records and potentially find overlooked tax deductions.

About Fixed Asset Reviews

Fixed assets – the tangible property your company owns and uses to generate income, such as buildings, equipment, and vehicles – are vital to your business operations.

But as your company grows, changes, and assets age, keeping track of their value and applying correct depreciation schedules can become challenging.

A fixed asset review conducted by CRS brings clarity and efficiency to your asset management.

Benefits

Benefits of Fixed Asset Reviews

Improved Financial Management

Gain a clear, organized understanding of your fixed assets and their value.

Tax Savings

Identify potential deductions, credits, and depreciation optimizations to reduce your tax burden.

Enhanced Compliance

Ensure your fixed asset records are accurate and compliant with tax regulations.

Increased Cash Flow

Free up capital through optimized tax strategies and improved asset management.

Why choose us

Our Proven Process

Step One

Analysis

We gather and analyze your fixed asset records, including depreciation schedules, purchase invoices, and other relevant documents.
Step One
Step Two

Expert Review

Our experienced specialists meticulously review your records, identifying errors, inconsistencies, and opportunities for optimization.
Step Two
Step Three

Report

We deliver a detailed report outlining our findings, recommendations, and potential tax savings.
Step Three

How CRS Can Help

Our skilled professionals conduct thorough fixed asset reviews to:

faqs

Frequently Asked Questions

Get answers to your questions about our fixed asset reviews. Have other questions? Please contact us.

Fixed assets are tangible pieces of property that a company owns and uses in its operations to generate income. Examples include buildings, computer equipment, furniture, land, machinery, and vehicles.

Fixed asset records are crucial for internal reporting, compliance, and attracting investors or securing loans. As your company grows and changes, tracking fixed asset value can become complex. Incorrect depreciation schedules can impact company valuation, lead to inaccurate tax filings, and increase costs.

Our fixed asset specialists ensure your asset listings are accurate and complete. Beyond organization, our reviews can uncover tax savings by:

  • Reclassifying asset costs for faster depreciation
  • Identifying bonus depreciation opportunities
  • Analyzing energy-efficient building systems for tax benefits
  • Managing and reconciling fixed asset databases
  • Identifying and removing “ghost assets”
  • Ensuring compliance with Tangible Property Regulations
  • Reviewing depreciation schedules for accuracy
  • Identifying demolished structural components

These efforts can result in more tax deductions, income tax deferrals, property and sales tax savings, and better utilization of tax incentives/credits – all leading to increased cash flow.

Both can uncover tax savings, but they focus on different aspects of your assets. We’ll help you determine the best approach.

© 2025 Cost Recovery Solutions LLC

Unlock Tax Savings and Maximize Your ROI Today

Unlock Tax Savings and Maximize Your ROI Today

Take control of your property’s tax burden and discover the hidden potential in your assets.

© 2025 Cost Recovery Solutions LLC