Host Tim LeMasters is joined by Dave McGuire to unpack the complexities of bonus depreciation and Section 179 expensing.
McGuire Sponsel was contacted by a CPA firm to conduct a cost segregation study for a specialized boat manufacturing facility located in Malvern, Arkansas.
Explore the Senate’s proposed fixes to Section 174, permanent bonus depreciation, and what these changes could mean for tax planning in 2025 and beyond.
With fixed assets among the largest line items on a company’s books, even small errors in depreciation or classification can result in significant tax and financial consequences.
David McGuire and Justin Gephart join Evan Ross on the Real Estate Tax Playbook to discuss property tax appeals, valuation strategies, and upcoming tax legislation.
Hosts Tim LeMasters and Justin Gephart sit down with Property Tax Consultant Tanner Cox to explore how shifting occupancy trends are creating new opportunities—and challenges—for property tax appeals.
On May 22, the U.S. House of Representatives passed a wide-reaching bill titled the “One Big, Beautiful Bill Act” featuring broad tax reform.
In his latest piece in Accounting Today, Dave McGuire discusses the increasing pushback on property taxes across the country.
McGuire Sponsel was contacted by a CPA firm to conduct a cost segregation study for a two-phase construction project for a new food manufacturing facility in El Paso, Texas.
Congress is advancing a sweeping tax bill that could restore full expensing for R&D under Section 174, reinstate 100% bonus depreciation, and make other long-awaited business tax changes—though its passage remains uncertain.
Bonus vs. Section 179: Maximizing Depreciation Strategy in 2025
In this episode of Let’s Talk Tax, host Tim LeMasters is joined by Dave McGuire, shareholder and co-founder of McGuire Sponsel, to unpack the complexities of bonus depreciation and Section 179 expensing. Together, they explore the historical background, current rules, and what’s on the horizon for depreciation planning—especially in light of the Tax Cuts and Jobs Act of 2017 and potential updates under the proposed “Big Beautiful Bill.”
Whether you’re advising clients on fixed assets or planning for 2025, this conversation offers practical insights and real-world examples to help CPAs and real estate professionals build effective, forward-looking depreciation strategies.
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