About the Event: Come discover how owners of commercial real estate have been offsetting their taxable income down to $0 and doing it legally with an IRS-approved tax strategy called Cost Segregation. Blessed by the IRS in 2004, Cost Segregation allows for the acceleration of depreciation deductions via reallocation of certain real property assets from long lives (27.5- or 39-years) to short-lives (5-, 7-, or 15-years)…naturally, depreciating assets over shorter class lives is more beneficial because larger annual deductions are generated, and therefore, more taxable income is able to be offset (i.e. – tax savings!). Meet our Presenter: Frank Giudici is a Sr. Business Development Director for the Source Advisors Team and although originally from New England is now based in Upstate New York. Prior to joining Source Advisors, Frank received his Bachelor’s Degree in Civil Engineering from Worcester Polytechnic Institute (WPI) and then spent 13-years in the Construction Management industry working throughout the Northeast on a variety of project types in several roles. Frank’s expansive construction background paired with his well-versed communication and detail-oriented nature bodes well for enriching peoples’ lives through Source Advisors’ specialty tax services, most notably Cost Segregation. Source Advisors is a top (3) provider of Cost Segregation and employs (6) of the ONLY (51) active Certified Cost Segregation Professionals (CCSPs) nationally. This event is sponsored by Norway Savings Bank.