If your accountant doesn’t have construction industry experience, you’re likely missing out on some significant tax savings.
Posh Properties, a Lehigh Valley-based real estate developer, had heard they would likely save on taxes by undertaking a cost segregation study, but their accountant at the time didn’t have the experience to perform one.
Posh turned to Concannon Miller, who found significant tax savings for the company through cost segregation depreciation. Soon after, Posh switched all of its accounting work to Concannon Miller.
“As we were growing, we needed some bigger and better services from our accountant,” Posh Properties Managing Partner Joe Posh says.
That was 15 years ago. They’ve been happy – and thriving – working with Concannon Miller ever since.
“Having a good accountant and having good information available enables better decision making,” Posh says. “If someone’s looking for a new accountant, I always recommend them.”
Watch more about how Posh Properties has benefited by working with Concannon Miller here: