027 - Fixed Assets and Cost Segregation with Dave McGuire

Generally Accepted Accounting Podcast

Today’s episode is part one of our conversation with Dave McGuire of McGuire Sponsel, our new partner that helps with cost segregation studies. We’re revisiting our very first episode about cost seg and depreciation to get into some more details.

This is a great episode for businesses looking for ways to possibly increase their cash flow or decide if a cost segregation study is right for them. It’s also a heckuva an episode if you just like to nerd out about tax regulations or enjoy squirreling away knowledge not a lot of other folks have.

You know you want to: Listen in to learn more!

Note: Dave references a lot of forms, regulations, and other details about cost seg and depreciation. So below are resources to define those references.

• Rev prop 8765 (pdf)
• ITC tax credits
• Component depreciation
• 179 expensing
• Bonus depreciation 168 k
• 2005 IRS audit techniques guide
• 1031 exchange
• Passive income
• Tax & Jobs Act
• Tax rates