Steven A. Barnes
Partner
Steve Barnes is a partner on the cost segregation team with expertise in the engineering approach of cost segregation for both new construction projects and purchased properties. His understanding of construction finances and his ability to analyze construction documents are important assets in the process of cost segregation projects. Steve’s experience also includes Section 263A repair versus capitalization review tangible property studies and Section 168 fixed asset disposal studies.
Steve has years of experience adjusting the timing of deductions to provide clients with tax savings. Prior to joining Wipfli LLP, he helped lead a cost segregation practice at a regional CPA firm. Steve specializes in various industries including commercial real estate, hotel and convention, retail and wholesale, manufacturing, food processing, health care, residential, and auto dealerships.
Professional memberships and activities
- Burlington Jaycees - Member
Areas of Focus
- Construction cost segregation studies
- Allocation of purchase price
- Depreciation catch-up studies
- Section 179D studies
- Audit support for cost segregation studies
Education
Milwaukee Area Technical College- Associate degree in applied science in architecture technology
Recent Insights
Articles
The time to consider geothermal energy is now
May 23, 2023
Buying or building real estate? You should consider a cost segregation study
Jul 21, 2019
How to use tax engineering to accelerate depreciation for new construction projects
Nov 15, 2018
Webinars
Unlock energy incentives: Turn tax credits into cash
Jun 05, 2024
How to maximize your 179D benefits
Jan 31, 2024
Get green by going green
Jan 19, 2023