Trusted Specialty Tax Consulting

McGuire Sponsel Specialty Tax

McGuire Sponsel is a firm that offers specialty tax solutions to CPAs and their clients across the country. McGuire Sponsel specialty tax services include R&D tax credits, economic development credits and incentives, fixed assets including cost segregation and energy incentive such as 179D and 45L tax credits, and global business services and international tax advisory. McGuire Sponsel merged with the Atlanta-based firm Ernst & Morris in 2019, bringing together two firms with hundreds of years of combined experience in the cost segregation field. The McGuire Sponsel team is spread across the U.S. in several offices, including their headquarters McGuire Sponsel Indianapolis and McGuire Sponsel Atlanta. They will also be opening McGuire Sponsel Dallas in 2022 to support their clients and partners in the state of Texas. Specialty tax services are services that often fall outside of the services of a CPA firm, therefore CPA firms engage with McGuire Sponsel to offer these services and add value for their clients. McGuire Sponsel also offers specialty tax services to clients that are not CPAs. McGuire Sponsel works directly with clients in many areas, but were initially built to serve CPA firms and have great respect for the client CPA relationship. The McGuire Sponsel team always supports not supplants CPAs and interacts with clients and CPAs in whatever way is best for them. McGuire Sponsel’s approach to working with CPAs has earned the firm great respect in the industry, and they also have a strong track record with the IRS for offering a conservative and methodical approach to tax services. McGuire Sponsel does have CPAs on staff, but also employs many engineers, business professionals, depreciation experts, construction managers, economic developers that add value to each of their offerings.

McGuire Sponsel Tax Services

McGuire Sponsel tax services include four main practice lines with several specialties under each. The first is Fixed Asset Services, which includes cost segregation, energy studies such as 179D and 45L, fixed asset review and management, and consulting solutions including audit defense, rehabilitation tax credits, and alternative energy tax credits. McGuire Sponsel has a large team of fixed asset consultants and experts that performs detailed and accurate studies for clients in all 50 states. McGuire Sponsel cost segregation studies are trusted by the IRS and add value for clients by accelerating depreciation of their assets. Strong prospects for cost segregation studies include clients that have built or acquired a building in excess of $750,000, renovated the interior of a building costing more than $200,000, companies with large fixed asset schedules, and companies that make repairs frequently. The McGuire Sponsel cost segregation team is always happy to review a project and provide a projection for the benefit of a cost segregation study. The next service McGuire Sponsel offers is R&D Tax Credit Services. The R&D tax credit rewards companies for investments in developing new or improved products or processes. There are many questions surrounding the R&D tax credit, but McGuire Sponsel’s team, which is made up of engineers and tax law experts, builds studies that stand up to the highest levels of IRS scrutiny. McGuire Sponsel R&D tax credits are trusted by the industry because they take the time to educate clients on qualifying activities and expenses for the credit, and do detailed fieldwork and interviews to ensure there is substantial supporting documentation for every credit claimed. The next service offered is global business services. McGuire Sponsel global business service and McGuire Sponsel international tax teams specializs in assisting clients move goods, people, services and information across borders. Doing business internationally can be very complex, but the McGuire Sponsel team can help navigate these complexities with their understanding of culture, laws, tax regimes and regulations across the globe. The McGuire Sponsel team can help with international tax compliance, transfer pricing, inbound and outbound investments, M&A transactions, and IC-DISC. Depending on a client’s specific situation, they may need assistance with one or multiple of these services to remain compliant and do business overseas efficiently. For example, a transfer pricing study is necessary if a client’s tax return includes 5471 or 5472 which report transactions between a foreign subsidiary or foreign parent company. An IC-DISC, or Interest Charge Domestic International Sales Corporation, can be beneficial to U.S. exporters by providing a permanent tax savings opportunity. No matter the size of the business, if anything is crossing a border, it is beneficial to consult with the McGuire Sponsel global business services team to see how they can help. The final service offered by McGuire Sponsel is credit and incentive services. McGuire Sponsel credits and incentives are expertly negotiated by our team to add value for clients relocating or expanding their business. The team can consult on a growth project, negotiate state and local incentives, lead a full site selection process, and manage compliance on an ongoing basis. Businesses eligible for economic incentives include those that are adding jobs, purchasing equipment, buying leasing or building a facility, acquiring another business or relocating operations. It is important to note that the most important factor in negotiating incentives is timing, so it is best to involve the McGuire Sponsel team before a growth project begins or is announced publicly. The McGuire Sponsel credits and incentives team is always available to discuss a clients business activities to understand if they may qualify for valuable economic incentives.

McGuire Sponsel Leadership

McGuire Sponsel leadership is a group of diverse individuals passionate about serving their clients and partners. TJ Sponsel and Dave McGuire co-founded McGuire Sponsel in 2007 to help serve the CPA industry. There are now three other shareholders of McGuire Sponsel including Kyle Riddle, Jerry Hammel, and Justin Gephart. Each shareholder brings a unique point of view to the business and support the growth of various practice lines and leaders across the firm. Sierra Enlow is a member of the Credit and Incentive services team that assists clients in the Ohio Valley region by negotiating state and local incentives. She, among other relationship managers, consultants, managers and principals are committed to serving clients and the growth of McGuire Sponsel. The McGuire Sponsel leadership team comes from a variety of backgrounds, but ultimately their collective goal is to serve clients, offer comprehensive and trusted specialty tax services, and nurture the growth of employees across the firm.

McGuire Sponsel Glassdoor

McGuire Sponsel can be found on job review sites such as glassdoor. The McGuire Sponsel glassdoor page shares reviews from current and past employees, salary ranges, employment opportunities and more. It is a helpful site for understanding the benefits of working for or working with McGuire Sponsel. Many people wonder about the range of McGuire Sponsel salary and business consultant salary ranges at large. This is largely dependent on background and level of experience, but it is McGuire Sponsel’s belief that employees should be rewarded based on merit, not tenure. McGuire Sponsel careers can be found on the McGuire Sponsel website, LinkedIn page, Glassdoor and other sites. The McGuire Sponsel team is growing and hiring across the firm for consultant and support roles. McGuire careers offer employees the opportunity to grow both personally and professionally in a fast-paced, collaborative environment. McGuire Sponsel reviews tend to be positive both from the point of view of employees and clients due to their focus on excellent service and growth opportunities. To learn more visit the McGuire Sponsel website or McGuire Sponsel glassdoor page.

McGuire Sponsel Tax Firm

McGuire Sponsel tax firm is built for the CPA industry by acting as an extension of CPA firms. The McGuire Sponsel team values the CPA client relationship and has unmatched service in the specialty tax industry. Other companies such as Alliant Group offer similar services, but McGuire Sponsel’s conservative, methodical approach to tax services is trusted by CPAs and has stood up to IRS scrutiny for many years. McGuire Sponsel also has enrolled agents on staff and offers audit advisory and audit protection because we stand behind the quality of our work across all service lines. Some tax firms we serve include Sponsel CPA, Greenwalt CPAs, KSM Company or Katz, Sapper & Miller Consulting, among many others. McGuire Sponsel is proud of the hundreds of firms and strong relationships they have with CPA firms and businesses across the country. The model of being a value-add to CPA firms and supporting, not supplanting the services they offer has developed into a trusted resource, partner, and extension of CPA firms. Although McGuire Sponsel employs many tax professionals, including CPAs and tax law experts, it is not a traditional CPA firm. McGuire Sponsel’s unique expertise across several areas of specialty tax and relationships with CPA firms allows our CPA partners to offer specialty tax services to their clients that may not be within their area of expertise. The McGuire Sponsel team understands the value of the relationship and trust between CPAs and their clients, and focus on bringing the highest level of service and respect to the relationship so CPAs can add additional value for their clients long term.