Webinar series focused on tax planning
McGuire Sponsel is committed to being the leading technical resource for the CPA industry, and appreciate your continued trust in our firm. We are proud to present another round of webinars to provide technical guidance as you walk clients through unexpected economic territory. Please see descriptions and view our webinars below. More topics to be added as announced.
Other firms may offer similar services, but they cannot match McGuire Sponsel’s steadfast commitment to our clients and partner firms.
TJ Sponsel II, Managing Shareholder
Why International Tax Matters
December 20, 2023 at 1 p.m. EST
Presenters: Jerry Hammel, CPA, Greg Lambrecht, CPA, & Jason Rauhe, CPA
Date: Wednesday, December 20, 2023, 1 p.m. EST
CPE: 1 Credit
State of Specialty Tax
January 11, 2023 at 1 p.m. EST
Presenters: Jerry Hammel, CPA, & Dave McGuire
Date: Thursday, January 11, 2023, 1 p.m. EST
CPE: 1 Credit
November 30, 2023: Analyzing the New 174 Guidance
On September 8, 2023, the IRS released Notice 2023-63, providing guidance for the types of costs that must be amortized under Section 174. This notice provides the framework for forthcoming regulations related to Section 174 and provides insight on a variety of topics. Join McGuire Sponsel’s David Seibel, EA, and Tanner Niehaus, CPA, for a webinar as they unpack and analyze this new guidance.
November 9, 2023: Real Estate Tax Issues to Consider for 2024
As 2023 comes to a close, businesses are looking for planning opportunities for 2024. This is complicated by an uncertain economic environment as it relates to real estate decisions. Dave McGuire and Ken Zdrok will explore how many offices have still not recovered from pandemic work-from-home initiatives, how interest rates are slowing transactions, and how other external factors are affecting business decisions. Dave and Ken will discuss ways to lessen this risk by managing federal tax on real estate as well as local property tax issues. We will also overview how changing economic decisions can affect property tax valuations, as well as how changing use in real estate can affect depreciation deductions.
October 26, 2023: The 5 Pillars of Economic Credits & Incentives:
How to Maximize Your Client’s Benefit
Growing businesses across the U.S. can benefit from state and local economic incentives. However, there are five key pillars critical to securing these incentive projects: location, timing, investment, jobs, and industry. In this webinar, Ben Worrell, MBA, and Emma Coney, will discuss how CPAs and brokers can strategically advise clients on maximizing incentives for qualifying growth projects.
August 31, 2023: How Cost Segregation can Help Maximize IRA Incentives
The Inflation Reduction Act of 2022 has been a windfall for many businesses, including those looking to upgrade their facilities for energy efficiency or adding solar panels. Unfortunately, the implementation of these incentives has caused much confusion. During this webinar, McGuire Sponsel’s Dave McGuire will review 179D, 45L, Section 48 credits, and other provisions.
August 3, 2023: R&D for Software Companies: How 174 Impacts Considerations
During this webinar, McGuire Sponsel’s David Seibel, EA, and Tanner Niehaus, CPA, will provide an in-depth analysis of how the Section 174 amortization requirements impact software development businesses. They’ll discuss how to effectively leverage the R&D Tax Credit for your software clients and review other key tax considerations, such as the distinctions between Sections 41 and 174.
July 13, 2023: Unlocking Growth: The Power of Partnerships between CPAs and Location Advisory Services
During this webinar, McGuire Sponsel’s Emily Poole and Aida Roberts will delve into the transformative benefits that arise when CPAs and Location Advisory Services teams join forces. They’ll discuss how to leverage these partnerships to unlock credit and incentive opportunities for growing clients, navigate complex business landscapes, and maximize client growth plans.
June 15, 2023: Midyear Specialty Tax Update
As we approach the midyear point for 2023, it is a good time to revisit where certain aspects of specialty tax stand. Between amortization requirements for 174, leveraging down of bonus depreciation, and all changes under the IRA for energy incentives, it is a complicated year for CPAs and your clients. In this webinar, we will review the major changes, discuss how these changes can be used as planning opportunities, and discuss legislative efforts to update and change these provisions.
May 18, 2023: Pulling the Curtain Back on Transfer Pricing
In this webinar presented by Jason Rauhe and Jerry Hammel, we’ll break down the myths and complexities of transfer pricing. We’ll review required compliance forms as well as the economics behind international transactions. Attendees will learn how to leverage a transfer pricing study as a genuine planning tool that can result in the reduction of a company’s global effective tax rate rather than a mere compliance obligation.
April 27, 2023: Unpacking Changes to 179D, 45L, and Other Energy Credits Post-IRA
As you move from the 2022 filing season into 2023 tax planning, it’s important to understand how energy deductions and credits have changed under the Inflation Reduction Act. This year brings major changes to 179D, 45L, and other energy credits and incentives. In this webinar, we will discuss these changes as well and the regulations.
March 15, 2023: How to find capital to make your good deal better
Emily Poole, MBA, and Ben Worrell, MBA dive into how brokers can find capital to make good deals better. Emily and Ben will overview available programs of support, how working with credits and incentives can make your life easier, and how these programs bring cash to the table to make deals even better for you and your clients. We want to make you look like the hero to your clients and often finding the right team and programs is all it takes. The webinar will conclude by applying these principles to active deal making processes.
Feb. 15, 2023: Distinguishing Section 174 from Section 41
In this webinar presented by David Seibel and TJ Sponsel, we discuss distinguishing Section 174 from Section 41. David and TJ overview the current landscape, explain the technical differences, discuss how CPAs should be approaching this with clients, and how to construct 174 calculations. The webinar concludes by overviewing the firm’s current and future outlook for the R&D tax credit.
Feb. 1, 2023: Are international reporting requirements on the IRS's radar screen?
In this webinar presented by Jason Rauhe and Mark O’Dell, we will discuss recent IRS trends across international compliance, controversy and regulatory challenges, and transfer pricing. Attendees will understand how to strategically balance the need for each area and actionable steps CPAs and their clients can take to mitigate risk.
Jan. 11, 2023: State of Specialty Tax
As we enter 2023 and the 2022 tax filing season, there have been many changes related to specialty tax that CPAs and their Clients need to be aware of while doing tax planning. These issues include increased funding for the IRS, changes to credits and deductions under the Inflation Reduction Act of 2022, and the status of tax extenders. In this webinar we will discuss what CPAs and their clients need to be aware of as it relates to Global Business Services, Research Tax Credits, Depreciation, and Energy Credits and Deductions including 179D and 45L.
Dec. 15, 2022: Inflation Reduction Act Four Months In
On August 16th, 2022, the Inflation Reduction Act became law. This far-reaching legislation included multiple changes, extensions, and expansions to tax credits and deductions. All topics for discussion created significant opportunities for businesses and CPA firms to capitalize on the new rules. New rulings often stir confusion. In this webinar, Dave McGuire will review what was included in the legislation and discuss what has been learned over the past four months. Dave will also discuss where guidance is still required from the IRS.
Nov. 30, 2022: Post-Midterms, Politics, and Programs - Credits and Incentives Outlook for 2023
Credits and Incentives are inherently tied to politics as they are legislatively set. Governors, state legislatures, and even mayors and city councils determine how incentives are awarded to clients. With all of these actors involved, how do clients receive benefit from credits and incentives? In this webinar, Ben Worrell reviews the cast of characters involved in credit and incentive decision making as well as the typical process that is most successful for incentive outcomes.
Oct. 20, 2022: Managing Section 174 Uncertainties and the R&D Credit
As part of the Tax Cuts and Jobs Act, taxpayers will no longer have the option of expensing Section 174 costs and will be required to amortize them for tax years beginning after December 31, 2021. These costs include not only expenses included in the R&D Credit, but other costs related to research and development as well. While there is bipartisan support to delay or eliminate this requirement, it is important to understand the current legislation in order to properly plan for tax year 2022 and going forward.
Sept. 1, 2022: Navigating Global Tax Issues in a Cross-Border M&A Transaction
Companies engaging in cross-border M&A transactions have many issues to consider, and often need counsel on how to approach this complex process. With increased scrutiny on the tax issues surrounding these transactions, it is important to be aware of common pitfalls and to engage in proper planning to alleviate the complexities of doing business across borders.
Aug. 11, 2022: Can Incentives Benefit My Client's Business? The Truth About Credits and Incentives for Small and Medium Sized Businesses
Most businesses don’t think they are eligible for or qualify for incentives because they aren’t the Amazons, FedExs, Apples or Googles of the world. However, many businesses make qualifying activities every year and never receive benefit. In this webinar, we will explore what makes incentives accessible to small and medium sized businesses and the potential pitfalls to navigate around.
Aug. 10, 2022: What CPAs Need to Know About the CHIPS+ and Inflation Reduction Act of 2022
In the last few weeks, the United States Congress has been busy. Just before the August recess both houses passed the CHIPS and Science Act of 2022 (CHIPS+), and Senators Joe Manchin (D-WV) and Chuck Schumer (D-NY) announced a compromise reconciliation called the Inflation Reduction Act of 2022. These significant bills will have far reaching affects across many sectors of the American economy. In this webinar we discuss what was included and what was not included in this legislation.
July 21, 2022: Using Depreciation to Plan for Recessionary Pressures
With the chance of a recession increasing taxpayers are starting to make moves to prepare for a potential recession. In this webinar we discuss how taxpayers can utilize depreciation and other timing issues to prepare for recessionary pressures. We discuss how to utilize the cash flow opportunities afforded by cost segregation to prepare for a downturn in the economy. We also review the updated cost segregation audit techniques guide and discuss how this affects cost segregation decisions.
June 30, 2022: Comparing Federal and State R&D Credit Opportunities
In addition to the federal R&D Credit, there are numerous state R&D Credits available for taxpayers. These credits are meant to encourage and incentivize research activities within state borders. These state R&D Credits typically follow the requirements of the federal R&D Credit, but can often have key differences as it relates to qualification criteria, calculation methods, and processes for claiming the credit. In this webinar, we will discuss what constitutes qualified research activities, the state R&D Credits available and how they compare and contrast with the federal R&D Credit, and state examinations and best practices
June 9, 2022: Global Tax Legislation: 2022 Issues and Updates
International taxation has been in a state of flux for several years as practitioners learned to navigate the new world of BEPS, GILTI, ATAD and more. If those challenges were not difficult enough, the COVID-19 pandemic created a new round of upheaval as multinational taxpayers grappled with cash needs and tax authorities began exploring new ways to increase tax revenue. In this webinar, Sean King and Jason Rauhe discuss the latest tax legislation and how it impacts taxpayers doing business on a global scale.
May 24, 2022: Shifting Landscape of Economic Credits & Incentives
Economic credits and incentives provide significant value to high growth clients. Qualifying projects are based on several factors: timing, location, industry type, investment, and new job creation. However, incentive programs shift and change from time to time based on many factors: political changes, economic shifts, and local growth priorities. As the economy continues to evolve in a post-pandemic environment, it is important to understand how these changes are affecting the value of credits and incentives. In this webinar, Steve Brunson and Ben Worrell discuss the shifts they see taking place across the United States and how CPAs and their clients can consider opportunities to capture value through these programs.
May 11, 2022: Real Estate and Depreciation Issues for 2022
With the first quarter of 2022 complete CPA’s and their clients are starting to think about planning issues for 2022. Many real estate trends are dominating the market, including the growth of short-term rentals, a heated residential market, growth in industrial space, and an uncertain office environment. These trends combined with increasing inflation and interest rates makes planning for 2022 more complicated than ever. In this webinar, we discuss trending real estate topics and how to utilize the tax code to maximize returns.
April 28, 2022: The R&D Tax Credit in 2022 and Beyond
The R&D Tax Credit is one of the most subjective areas of the tax code. With the IRS placing more scrutiny on the R&D Tax Credit, it is important to be aware of areas of exposure when building a claim. Additionally, it is important to understand current legislation regarding the R&D Tax Credit to properly plan for the future.
March 1, 2022: International Tax Compliance Fundamentals & Pitfalls
International tax compliance can seem like a never-ending maze of continually changing requirements. Clients who do business around the world often face compliance challenges, specifically the ability to accurately and efficiently complete and file U.S. tax returns to properly report these activities. Without proper compliance, potential penalties can lead to sleepless nights for CPAs, CFOs and Executives of international businesses. In this webinar, and Jerry Hammel and Jason Rauhe discuss how to confidently approach international compliance.
Feb. 3, 2022: When taxes are negotiable – how state and local governments use 5 key tools to promote growth
To attract and retain growing businesses, state and local governments often provide valuable economic incentives through a variety of programs. Understanding the common tax tools that governments use allows businesses to make favorable decisions when relocating, expanding, or investing. In this webinar, Ben Worrell and Sierra Enlow discuss the tax saving mechanisms that most often align with credits and incentives projects and provide value for clients.
Jan. 13, 2022: State of Specialty Tax
With the Build Back Better bill temporarily stalled, taxpayers and CPAs need to understand what will change – or remain the same – for certain areas of specialty tax. In this webinar, Dave McGuire discusses the current status of these provisions and the thinking behind them to provide insight to potential future tax bills.
Presenter: Dave McGuire