Improving your property can help you to grow your business, and it’s always important to know how to get the most out of your investment by utilizing opportunities to save on your company’s taxes. Certain types of asphalt paving projects might be an expense that can reduce your business’s tax burden, while also providing long-lasting enhancements to your property. Working with a Treasure Coast paving company provides you with professional results on capital improvements that also serve as a long-term investment in your company’s future.
What Defines Capital Improvements For a Business or Organization?
A capital improvement is an upgrade or enhancement to a property that increases its value or extends its useful life span. The IRS has a set of guidelines that defines what a capital improvement is for tax purposes, and it is essentially understood that this type of enhancement is one that is permanent or that removing it would inflict damage to the property.
As a property owner, you’ll want to think carefully about whether or not a project that you plan with a paving company in Treasure Coast is a capital improvement. If it is, then you can look forward to maximizing the return you get on your investment with additional tax savings.
What Capital Improvements Does a Treasure Coast Paving Company Offer?
Paving companies offer a wide range of services that can fall into the category of capital improvements. Asphalt pavement is considered a permanent fixture on a property, and it can be used in a variety of ways to enhance or upgrade both indoor and outdoor spaces.
Businesses, government agencies and special organizations can all work with an asphalt paving company to plan the following types of projects that could fall into the category of being capital improvements.
•create an asphalt parking lot or expand existing pavement
•establish a paved roadway or walking path
•make a new drive-thru or pick up lane for a restaurant
•use asphalt as new flooring inside of a warehouse
•build a recreational feature for a city or residential community park
What Characteristics Should You Look For In a Treasure Coast Paving Company?
The size and scope of capital improvements requires an expert’s touch to ensure your long-term satisfaction with the results. Taking your time to fully vet any paving contractors that you hire pays off when you can enjoy the capital improvements for years into the future. Looking for these characteristics in a paving company helps you move forward with planning the capital improvement project with greater confidence.
•Offers multiple types of asphalt paving services, including maintenance and repairs
•Possesses years of experience with working on complex projects
•Demonstrates professionalism by holding essential licenses and certifications
•Maintains a fleet and crew that can handle large-scale projects
Work With An Asphalt Paving Company That Specializes In Capital Improvements
Asphalt Care Services, LLC is the best paving company in Treasure Coast for handling capital improvement projects because we prioritize professionalism in everything we do. Our company is equipped to handle asphalt paving projects that range from installing new parking lots and roads to building play surfaces for community parks. We also offer a full range of parking lot maintenance and asphalt repair services to extend the life of your property’s capital improvements that includes parking lot line striping, thermoplastic line striping, sealcoating and the installation of traffic signs, speed bumps and concrete bumpers. We can give you a free quote on your capital improvement project when you call us at 772-888-5648 or fill out our online form today.