“Jack Jaffa & Associates is setting a new standard for what property owners should expect from a leading real estate consulting firm,” - AJ Sabo, Tax Division Director at Jack Jaffa & Associates.
Brooklyn, NY (PRWEB) April 19, 2012
Jack Jaffa & Associates, New York City’s largest property violation removal firm, is pleased to announce the addition of Cost Segregation to their list of services. Cost Segregation is the process of identifying personal property assets that are grouped with real property assets, and separating out personal assets for tax reporting purposes. It is a strategic tax tool that can increase cash flow by deferring federal and state taxes by accelerating depreciation deductions. The new department will be headed by Martin Harski, a nationally recognized and highly regarded expert in the field.
“Jack Jaffa & Associates is setting a new standard for what property owners should expect from a leading real estate consulting firm,” stated AJ Sabo, Tax Division Director at Jack Jaffa & Associates. “Having a cost segregation authority like Mr. Harski on board adds an incredibly powerful component to Jack Jaffa’s services.”
Harski will serve as the department’s director alongside Sabo. His past work experience includes more than 30 years of assisting blue-chip companies and organizations across the United States in both accounting and engineering - two of the key factors that are crucial for maximizing cost segregation benefits. Throughout the course of his career Harski has saved clients more than $200 million dollars. He joins a current staff of over 50 professionals.
The majority of large NYC management companies continuously seek Jack Jaffa & Associates’ assistance with property violation monitoring, representation at various administrative proceedings and maximization of revenue enhancing benefits through tax incentives.