McGuire on the Wire: Recent Episodes
Dave McGuire
Hosts Dave McGuire and Justin Gephart break down the complex world of specialty tax and invite experts from across McGuire Sponsel to share the latest industry news and trends, and discuss tax strategies that drive value for our clients and CPA partners. New episodes every other Thursday.
Principal David Seibel, EA, and Manager Garrett Duffy join this week's podcast to dive into the R&D Tax Credit and specifically dial in on qualified research expenditures.
They define QREs, provide specific examples, and overview how McGuire Sponsel can help to identify, quantify, and substantiate these expenses.
Shareholder Jerry Hammel, CPA, and Alliance Network Director Tim LeMasters join this week's podcast to delve into crucial aspects of client tax planning conversations. They explore the proactive nature of planning, emphasizing its role in uncovering opportunities. Additionally, they highlight key triggers that CPAs should keenly listen for to identify specialty tax prospects.
Principal within our new Property Tax Services, Ken Zdrok, joins Managing Shareholder TJ Sponsel and Shareholder Dave McGuire to introduce property tax.
They highlight key property tax targets, overview important dates when it comes to the property tax calendar, and discuss McGuire Sponsel's unique approach to supporting our alliance partners.
Manager within our R&D Tax Credits Service practice, Jamie Skerston, and Alliance Network Director, Tim LeMasters, sit down to discuss our approach, R&D Tax Credits, and navigating 174 with CPAs.
Relationship Managers, Mike Hammel, MAcc, and Craig Wilhoit, sit down to overview tax planning, how we handle it, how we approach the market, and some of the trends we're seeing today with recent tax legislation changes. They give insight into how we work with our Alliance partners and how we can assist as we get into tax planning season for the fourth quarter.
Principal Jason Rauhe, CPA, and Shareholder Jerry Hammel, CPA, join the podcast this week to discuss how we help CPA firms in the international tax area. They walk through some examples of where we've been able to help CPA firms as we've expanded our compliance practice.
Relationship Manager Matt Bitter and Shareholder Justin Gephart join the podcast this week to discuss our recent rebranding to Location Advisory Services, why Location Advisory matters to brokers, identifying key growth triggers, and why McGuire Sponsel is the best partner for brokers.
Austin Brown and Dave McGuire join the podcast this week to discuss bonus depreciation and its impact on cost segregation. They overview where bonus depreciation has been the last few years since the TCJA and where it stands now in the middle of 2023.
Dave McGuire and David Seibel, EA, join the podcast this week to discuss the current status of Section 174 and provide guidance on how to move forward.
Emily Poole, MBA, and Mike Hammel join the podcast this week to discuss leveraging specialty tax services for government contracting.
Kelsey Brewer, McGuire Sponsel's Chief Marketing Officer, and Tim LeMasters, McGuire Sponsel's Alliance Director, join the podcast this week to discuss McGuire Sponsel's growth as a firm and the recent expansion to Phoenix.
Dave McGuire sits down with Jason Rauhe, CPA, to discuss the ins and outs of transfer pricing studies and the compliance involved.
David Seibel, senior manager in our R&D practice, returns to McGuire on the Wire to give an update on R&D Tax Credits, including Section 174. He overviews where we stand now that we've gotten through the 2022 filing season and move into tax planning for 2023 and beyond.
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Audrey Asfoor joins the podcast with TJ Sponsel this week to discuss her journey at McGuire Sponsel. She highlights her experience coming from a different industry, overviews her favorite projects thus far, and offers advice to recent college graduates.
Jerry Hammel and Jason Rauhe join the podcast this week to discuss the top 3 things that CPAs should be aware of to keep themselves out of the controversy/non-compliance trap when it comes to international tax.
Josh Babb joins the podcast this week to dive into transfer pricing. He discusses the need for transfer pricing studies, why they are important, the typical cost break down, and the penalties that can be involved.
Dave McGuire and Ben Worrell return to McGuire on the Wire to discuss cash grants and McGuire Sponsel's Credits and Incentives practice.
Dave McGuire and Jerry Hammel return to McGuire on the Wire to give an update on Section 174 and discuss uncertainties surrounding the amortization.
David Seibel returns to McGuire on the Wire to give an update on R&D Tax Credits and discuss uncertainties surrounding the Section 174 Amortization.
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Shareholder and depreciation expert Dave McGuire gives an overview of the prevailing wage requirements that CPAs and taxpayers need to be aware of based on the newly released Notice 2022-61.
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Senior Manager Craig Fouts talks about his role within our Fixed Asset Services practice and what our Cost Segregation consultants do day to day to serve our clients.
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Steve Brunson, Principal in our Credit & Incentive Services practice join the podcast to give an overview of economic development credits and incentives, and discuss how we work with clients to pursue valuable economic incentives.
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Learn more about Credits & Incentives
Steve Brunson, Principal in our Credit & Incentive Services practice join the podcast to give an overview of economic development credits and incentives, and discuss how we work with clients to pursue valuable economic incentives.
Contact Steve
Learn more about Credits & Incentives
Shareholder and CPA Jerry Hammel joins the podcast to talk about how CPAs can hone their advisory skills as they discuss annual planning with their clients.
Read Jerry's article in the Business Journals
Contact Jerry
Shareholder and depreciation expert Dave McGuire discusses tax planning tips and issues that CPAs and taxpayers need to be aware of as we move into the 2022 tax filing season, including the R&D claim extension, 163j, bonus depreciation, 179D and 45L, and the impact of added IRS agents on taxpayers.
Shareholder and depreciation expert Dave McGuire discusses tax planning tips and issues that CPAs and taxpayers need to be aware of as we move into the 2022 tax filing season, including the R&D claim extension, 163j, bonus depreciation, 179D and 45L, and the impact of added IRS agents on taxpayers.
Manager Jamie Skerston from our R&D Tax Credit practice shares her journey at McGuire Sponsel and how she’s seen the R&D practice and team evolve over the past several years.
Learn more about R&D Tax Credits
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This week, Dave McGuire shares key provisions within the CHIPS+ and Inflation Reduction Act and what CPAs should be aware of as they plan and file with their clients. He discusses the background and funding behind the legislation, details on the Advanced Manufacturing Credit and how it interplays with depreciation opportunities, changes to 179D and 45L, and other key topics.
To learn more about these bills, check out the resources on our website.
Jason Rauhe from our Global Business Services team joins the show to talk about how we serve international clients, the importance of compliance, and hot topics in the international tax world.
Contact Jason
Learn more about our Global Business Services practice
Relationship manager Tim LeMasters focuses on building strong relationships with CPA partners that add value for clients across all areas of specialty tax. This week he joins the show to discuss client challenges and opportunities he's observed as we approach tax season.
Contact Tim LeMasters
Shareholder Kyle Riddle joins Justin Gephart to talk about the firm’s R&D Tax Credit practice. He talks about the evolution of the team, discusses the current state of the R&D Credit, and shares more about McGuire Sponsel’s approach to R&D Tax Credit studies for our clients.
Blog Series: Navigating the R&D Tax Credit
Get in touch with Kyle
The IRS recently released a revised Cost Segregation Audit Techniques Guide, which provides guidance to IRS auditors on how to review cost segregation studies. This updated guidance provides valuable insight to the IRS emphasis on audit. In this week's episode, Dave McGuire discusses the revisions in more detail and provides his thoughts on what practitioners need to pay close attention to in cost segregation moving forward.
Relationship Manager Craig Wilhoit joins Justin Gephart to share his journey at McGuire Sponsel. He'll discuss what client challenges and successes he’s observed in 2022, and how his role shapes the firm’s position in the industry.
Justin Gephart sits down with Shareholder and Co-Founder TJ Sponsel to give a mid-year update on the firm. TJ shares how the firm is addressing recruiting and other similar challenges faced by our partner firms, employee development and retention, and discusses how we'll be supporting our partners as the firm continues to grow.
Contact us.
Dave McGuire shares depreciation considerations for 2022, including what tax policy changes we can expect, specifically the 163(j) interest limitation. He provides insight on what businesses should be aware of as they move through the tax year of 2022 and how they can make smart depreciation decisions to maximize value for their business.
This week, Justin Gephart is joined by Jacob Everett of our Credit and Incentive Services practice to discuss hot topics in economic development across the country. As a certified economic developer, Jacob advises growing companies on their investment, location and job-creation strategies through site selection and analysis of workforce and economic impact.
Contact Jacob
Learn more about Economic Credits & Incentives
Justin Gephart is joined by consultants Matt Bitter and Teryn Azpell as they reflect on this year's tax season. Matt and Teryn share their experience working with our partners, what they learned, and what their focus will be in the coming months.
In this week's episode, depreciation expert Dave McGuire discusses the short-term rental market and recent rise of rental properties on AirBnB, VRBO, and other platforms. He breaks down IRS guidance around reporting income, tax deductions, and other limitations for rental properties that investors need to know.
Senior Consultant Tanner Niehaus joins Dave McGuire to give an overview of our R&D Tax Credit practice, and shares how he partners with clients to substantiate and maximize tax credit claims.
Is "busy season" really over? On this week's episode, Justin Gephart and Jerry Hammel discuss the elusive end to tax season, how our partner firms are adapting to changing workloads, and how employees and leadership teams can find work/life balance.
Read Jerry's article in Business Journals
Contact Jerry Hammel
To celebrate International Women's Day, Credits & Incentives Consultants Emily Poole and Sierra Enlow take over the podcast to give their perspective on women in economic development.
Contact Emily
Contact Sierra
Co-hosts Dave McGuire and Justin Gephart join this week's episode to discuss the year ahead in specialty tax. Dave shares his insights on the wait for tax initiatives from Washington, and Justin offers his perspective on how our clients are approaching specialty tax opportunities through the legislative unknown. They also discuss how firms are navigating the great resignation while maintaining the ability to serve their clients.
Compliance is a critical piece in managing a global business and should not be overlooked. In this episode, Jason Rauhe visits the podcast to discuss the significance of compliance and the importance of working with experts who can help navigate the complexities of international income tax reporting as we enter tax season.
Contact Jason Rauhe.
In this week's episode, Justin Gephart talks with Recruitment Coordinator, Chelsea Carr, and Senior Analyst, Reid Pittard, to hear about our culture, recruiting, and what makes McGuire Sponsel a great place to work.
Interested in a career at McGuire Sponsel? Contact Chelsea Carr or apply to our open positions.
Dave McGuire sits down with Ben Worrell to discuss the importance of staying ahead of growth projects in order to secure valuable economic development incentives. Ben explains the role of leverage in the incentive process, and how CPAs can proactively discuss and identify incentive opportunities with clients.
Contact Ben.
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This week, guest host Jerry Hammel sits down with Sean King to discuss the latest on global tax reform, the proposals released by the House Ways & Means Committee, and what taxpayers and global business owners could expect to see in the coming year.
The IRS recently released guidance on the information taxpayers will need to submit for R&D Tax Credit claims. In this episode, Dave McGuire sits down with R&D Tax Credit expert David Seibel to discuss the key changes from this guidance and how it will impact taxpayers claiming this credit in the coming years.
Mike Dalman, Principal, has been on the McGuire Sponsel team since 2012. In his tenure, he has cultivated longstanding client relationships that have solidified McGuire Sponsel as the industry standard in specialty tax consulting. In this episode, Justin Gephart sits down with Mike to discuss the state of the firm and its evolution over the last 9 years, how he takes on challenging projects with his clients, and what he looks forward to in 2022.
Justin Gephart sits down with Justin Wood, Senior Manager in our Fixed Asset Services practice. Justin is focused on ensuring his team produces timely and accurate studies, while maintaining a strong work/life balance and first-class culture. Listen as Justin and Justin discuss the state of our Fixed Asset Services practice, and what challenges we expect to help our clients with next year.
Contact Justin Wood
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2021 will be a challenging year for year-end tax planning. On this episode, Dave McGuire sits down with CPA and shareholder Jerry Hammel to discuss how inflationary pressures, tax reform, the pandemic, and other unpredictable issues will impact tax planning for the 2021 tax season, and how CPAs can approach these matters with their clients.
Justin Gephart sits down with relationship manager Bob Poisal to discuss his time with the firm, and how his unmatched dedication to his clients adds value.
Contact Bob directly
Register for our next webinar
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In this episode, Dave McGuire shares his technical expertise on depreciation, how it impacts business decisions, and how CPAs can navigate the changing economic environment.
In today’s episode, guest host Justin Gephart interviews McGuire Sponsel’s latest addition to our Credits & Incentives practice, Emily Poole. Emily and Justin talk about her background in economic development in Georgia, and her vision for growing client relationships and communities in the Southeast region.
In today's episode, Dave McGuire discusses the recent rise in ransomware attacks, the latest guidance from the White House, and how it impacts CPA firms and their clients.
In today's episode, Mike Hammel joins host Justin Gephart to share his journey of becoming one of McGuire Sponsel's tax consultants in the Southeast Region.
In today's episode, Guest Host Justin Gephart invites Sierra Enlow to join him in discussing Kentucky's Credits and Incentives and what to look for in today's economy.
The SBA recently released details and a sample application for the program. In this episode, Dave McGuire will overview the details of this program, how to apply, eligibility, and the amount of the potential benefit. Dave will also detail how this impacts complementary tax services related to the restaurant industry.
Dave McGuire discusses the Biden tax policy and proposals that are currently being put out there. Combined with existing tax breaks or tax policies to help spur growth while raising taxes.
The American Rescue Plan Act of 2021 (ARPA) passed by the House and is awaiting President Biden's signature. Dave McGuire, shareholder and cofounder at McGuire Sponsel, discusses the $1.9 trillion stimulus package and extensions to unemployment, direct stimulus payments, and important provisions for small businesses.
Many taxpayers are asking if they should delay deductions. This question is particularly relevant as taxpayers plan for the 2021 tax season, given a newly elected president and now Democrat-controlled Congress. These government changes could impact tax rates this year and, therefore, filing strategies. In his latest podcast, Dave McGuire outlines the risks, timing, and other important factors for taxpayers to consider while planning when to take deductions.
In this episode of McGuire on the Wire, Dave McGuire explains updates under the CARES Act to net operating loss (NOL) carrybacks and related tax planning opportunities. The CARES Act provides a five-year NOL carryback, which can help most taxpayers access significant refunds. Considering a cost segregation study and accessing additional depreciation deductions is especially important in an election year, as President-Elect Joe Biden may attempt tax policy changes in 2021. Dave also explains additional provisions from the IRS which could provide tax relief.
On the latest McGuire on the Wire episode, Dave McGuire talks about taxable grants and the laws that affect them. Dave specifically highlights how taxable grants have changed under the Tax Cuts and Jobs Act of 2017. Taxable grants can come from the government, utilities, or in other, similar forms. It’s important for businesses using these tools to consider the implications of how grants may impact taxable income.
David Seibel returns to McGuire on the Wire to explain the background, opportunities, and potential challenges of the Research and Development Tax Credit. This podcast serves as a great introduction to R&D and which kinds of businesses are eligible. Listen in to learn more about the R&D Tax Credit and how it may benefit clients exploring new business products or processes.
Sierra Enlow of our Credits and Incentives practice line joins Dave this week to discuss the economic incentives landscape in Kentucky and when it’s time to hire a consultant to walk through these opportunities.
Dave and Justin Gephart discuss the changes to the depreciation law, how each piece of legislation has made Cost Segregation more relevant and created more opportunities for tax planning purposes and updates from the CARES Act.
On this week's episode Dave discusses what a 1031 Exchange is, how they work and changes to 1031 that occurred after the Tax Cuts and Jobs Act of 2017.
A drive to entice multinationals to move overseas manufacturing operations to the United States has gained traction with both parties on Capitol Hill as they frame competing plans for new tax incentives to include in possible virus relief legislation. On Episode 18 of McGuire on the Wire, Dave and Sean provides insight on the incentives and how they could trigger other taxable events.
Many aspects of business changed over the last three months. Between shelter in place orders, a slowing economy, and regulatory changes under the Coronavirus Aid, Relief and Economic Security Act (CARES ACT), we will feel the effects for months. At first glance, certain areas of tax law, such as the R&D Tax Credit, do not change considerably with these regulations. On Episode 17 of McGuire on the Wire, Dave provides insight on the Paycheck Protection Program (PPP) and how the R&D Tax Credit could be affected.
On this week's episode Dave explains the 179D and why after being in limbo for the past two years building owners are looking at the deduction for tax planning purposes.
TJ and Dave discuss 12 year anniversary In this episode TJ and Dave discuss McGuire Sponsel's 12 year anniversary and look back on how much the firm has grown over the years.