SourceCorp: Cost Segregation Studies, R&D Tax Credits, LIFO Accounting Since 1983.

Inflation on the Rise!
Economists are forecasting even broader increases ahead. LIFO accounting may help you or your client save hundreds of thousands, even millions, in tax. Let us quickly determine if your business will benefit from a LIFO election or a change from its current LIFO method to the IPIC LIFO method.

Estimate your first-year LIFO benefit using our Estimation Tool!

FAQ - We have the answers to frequently asked questions related to LIFO...

"Now that tax season is over, I can say that we teamed up with the right organization (SourceCorp) for the Dealer Discount accounting change. When all was said and done, it was done right. There were a couple of times along the way when we pushed back because we doubted the numbers that were sent to us. Each time, SourceCorp was able to show/assure us that the figures were correct. Their expertise in this area kept us from making mistakes that could have come back to haunt us years down the road."

Michael J. DuBoise, CPA
Vice President-Finance
Balise Motor Sales Company

"I am very pleased with the results of the cost segregation study.
SourceCorp helped me take advantage of a tremendous tax benefit that saved me a lot of money. They were responsive, professional and got the job done in a timely manner."

Tim Rabon
Vice President-Controller
Rusken Packaging

"SourceCorp just completed the cost segregation studies for our restaurants and we couldn't be more pleased. Cost segregation was a brand new concept for us. When we realized how it could help increase our cash flow, it was a "no brainer". The process was streamlined, painless and required very little of our and our CPA's time. Best of all, the results came back even more in our favor than what had been originally estimated. The reports were professional and delivered to us in a timely manner so that our CPA had plenty of time to file the return. Thanks SourceCorp for a job well done!"

Tom Myers, Partner
Mamacita's Restaurant & Cantina

John O'Mara, CPA PC
"With the help of SourceCorp, I was able to provide my clients with the benefits achieved from its Cost Segregation and Dealer Discount consulting services. Your reports are complete and easy to follow, and the SourceCorp team is always professional and confident. I once thought these services would be relatively easy to implement on my own; however, when I realized the amount of expertise, time and detail that go into these computations, I am very glad I partnered with SourceCorp! My clients are happy which makes me happy - Thanks SourceCorp for a job well done!"

John O'Mara CPA

Harbor Automotive Group
"SourceCorp just completed our cost segregation study. In a nutshell, I'm a huge fan and would be happy to tell anyone about my positive experiences with this company. We have other potential cost seg opportunities in the future and I will definitely turn to SourceCorp when those services are needed. I would also like to extend a special thanks to my account manager, Julie, who helped step me through the process from start to finish!"

Bob Kendall
Chief Financial Officer
Harbor Automotive Group

"Just received the cost seg. report for {client} and, as usual, you guys did a super professional job. The back of an envelope would have been just fine for me, but this was first rate. I am always happy to work with you folks on this and happy to recommend your services. Many thanks to your team for getting this done so quickly for us."

Gerard A Hebert CPA
Downey & Company, CPA's LLP

"We have been very pleased with the quality of services we have received over the years from SourceCorp. Because of the enormous size of our inventory, it is important for us to be able to rely on the most respected LIFO provider in the industry. Their computations are well documented, which eases the audit process."

Thomas Blanton
Vice President, Special Projects
JM Family Enterprises, Inc./Southeast Toyota Distributors
Deerfield Beach, FL

"We have found that SourceCorp is truly committed to their clients. They go above and beyond to ensure our satisfaction. I wish we received the same level of support from other vendors."

Stuart Goldstein, CPA
Partner
Samuel Goldstein & Co.
Great Neck, NY

"Since our LIFO election only two years ago, we have more than $400,000 in LIFO benefits, which is even greater than I imagined." (in-depth study>>)

Ritchie Lipson
Vice President
Popular Outdoor Outfitters
Pheonix, AZ

"SourceCorp assisted our company with an IRS audit. With their help, we avoided potential penalties and we were able to save our LIFO election. They have maintained our calculation for many years and we are completely satisfied with the service their knowledgeable staff provides."

Barry Wasserman
CFO
Hitchcock Automotive Resources
City of Industry, CA