David McGuire is a leading expert on cost segregation, fixed assets and depreciation law and a co-founder of McGuire Sponsel. He has reviewed real estate portfolios ranging in size from six-figure acquisition costs to billions of dollars in value and has provided cost segregation services for companies in a wide variety of industries.
While serving in consulting and management roles with Big Four accounting firms, he acquired a thorough understanding of the Internal Revenue Code’s depreciation provisions. He has also shared his expertise in depreciation techniques and practices through speaking engagements and workshops for industry groups and accounting firms, including the American Bar Association and multiple CPA Real Estate groups.
McGuire continues to grow McGuire Sponsel’s national presence in cost segregation and depreciation. He is the primary resource for alliance firms in regards to how tax law affects depreciation. His knowledge in determining asset costs and classifications has held up against IRS scrutiny and has built the firm into a trusted industry resource. McGuire’s expertise in depreciation extends beyond the engineering portion of a study. He is often called on to consult in other areas including bonus depreciation and the effects of depreciation on complex transactions, such as Step Up in Basis, Section 108, and Passive Loss Limitations.
McGuire is a recognized expert in areas such as 179D and Alternative Energy Tax Credit Consulting.
McGuire earned a degree in civil engineering from the University of Notre Dame with a concentration in structural design.
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Recent Resources
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Alliance NetworkMay 22, 2020
How the Coronavirus and PPP Impact the R&D Tax Credit
by Dave McGuireMany aspects of business changed over the last three months. Between shelter in place orders, a slowing economy, and regulatory...
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R&D TaxMay 22, 2020
McGuire on the Wire Episode 17
by Dave McGuireOn this week’s episode Dave explains the how the R&D Tax Credit could be affected by the Paycheck Protection Program...
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Alliance NetworkMay 8, 2020
Implementation of PPP is Full of Confusion and Misinterpretations
by Dave McGuireThe most publicized part of the Coronavirus Aid Relief and Economic Security Act (CARES act), was the Paycheck Protection Program...
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Alliance NetworkMay 13, 2020
PPP – Good Faith Certifications
by Dave McGuireIn recent weeks, Treasury and the SBA have been requesting that companies receiving funds under the Paycheck Protection Program (PPP)...
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Alliance NetworkApril 30, 2020
CARES Act and IRS Notices Provide Additional Tax Savings Opportunities
by David SeibelThe CARES Act contains a variety of advantageous tax provisions to aid taxpayers affected by COVID-19. One of the lesser...
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Cost SegregationSeptember 20, 2019
Final and Proposed Regulations Relating to 168(k) – Bonus Depreciation
by Dave McGuire9/13: Final regs were issued on 100% bonus depreciation. Read the biggest changes to highlight.
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Cost SegregationJuly 17, 2019
Dave McGuire featured in Forbes
by Dave McGuireSpecialty Tax Firms Must Stay Diligent As Regulations Evolve