Let's Talk Tax

In this episode of Let's Talk Tax, host Tim LeMasters is joined by Ben Worrell, MBA, a shareholder in McGuire Sponsel's Location Advisory Services (LAS) practice. They delve into the critical role of timing in capturing incentives and credits for businesses that are expanding, relocating, or investing in new facilities. The discussion highlights the valuable opportunities for CPAs to advis...

In this episode of Let's Talk Tax, host Tim LeMasters and guest Matthew Barnhill discuss the upcoming 2026 property tax season. They delve into the importance of proactive property tax management, the current state of property taxes, and effective strategies for businesses to reduce their property tax liabilities. Matthew emphasizes the significance of early planning, appealing property assess...

In this episode of Let’s Talk Tax, host  Dave McGuire  is joined by esteemed tax partner  Joe Nicola, Jr. , to discuss the significant impact of the  One Big Beautiful Bill Act (OBBBA)  passed earlier this year. Joe, who has a nationwide practice and is well-respected in the CPA profession with  Sisterson , delves into various provisions of the new tax bill, including  100% bonus depreciation ,  s...

Welcome back to Let's Talk Tax, the show for growth-minded CPAs and real estate professionals. In today's episode, host Justin Gephart and guest Jerry Hammel, CPA , dive into the untapped potential of your firm's records, also known as a data goldmine. They introduce 'Hidden in Plain Sight,' a practical framework for mining existing data to uncover growth triggers, embedding ex...

In this episode of Let's Talk Tax, host Jerry Hammel, CPA , is joined by Catherine Yuan, CPA , a manager on McGuire Sponsel's Global Business Services team, to discuss the essentials of international tax compliance for business leaders. They cover the importance of early planning, understanding global operating footprints, managing data and reporting challenges, and the significance of hav...

In this episode of Let’s Talk Tax, host Tim LeMasters and guest Kat Martin , Relationship Manager at McGuire Sponsel, share an exclusive preview of McGuire Sponsel's Planning Guide for Tax Year 2025. They discuss how this resource helps CPAs identify tax-saving opportunities—from cost segregation and property tax appeals to R&D tax credits , location advisory services , international compl...

Welcome back to Let's Talk Tax! In this episode, host TJ Sponsel is joined by Kelsey Brewer, MBA , the Chief Marketing Officer at McGuire Sponsel, for a deep dive into the evolution of marketing within the CPA industry. Kelsey discusses the changes in marketing strategies over recent years, emphasizing the importance of a coordinated and intentional approach. They explore how marketing is no l...

Welcome to Let's Talk Tax. In this episode, fellow Let's Talk Tax hosts TJ Sponsel and Justin Gephart delve into the evolving world of the manufacturing sector post-COVID-19, exploring supply chain shifts, workforce challenges, and automation. They discuss how CPAs can better support their manufacturing clients through strategies such as fixed assets , R&D tax credits , international t...

In this episode of Let's Talk Tax, guest host Jerry Hammel, CPA, and Justin Gephart , a Shareholder and fellow Let's Talk Tax co-host at McGuire Sponsel, dive into the evolving world of data management in CPA and consulting firms. Focusing on strategies and systems that elevate performance, they discuss key areas including personnel management, client retention, process improvement, and st...

In this episode of Let’s Talk Tax, host Dave McGuire sits down with R&D experts David Seibel, EA, and Garrett Duffy to unpack two major developments reshaping R&D credit planning and compliance. First, they examine the IRS’s release of Rev. Proc. 2025-28 , which clarifies how taxpayers can apply §174 expensing retroactively and provides key updates for 2024 returns. Second, they explore th...

Welcome back to Let's Talk Tax! In this episode, host TJ Sponsel and guest Jeremy Clopton from Upstream Academy discuss the importance of leadership development in CPA firms. Jeremy shares insights on how effective leadership can drive firms forward, emphasizing strategic planning, leadership retreats, and developing the next generation of leaders. They touch upon the evolving landscape of the...

In this episode of Let's Talk Tax, host Dave McGuire discusses the role of software and automation in cost segregation with guest Austin Brown , a leader in McGuire Sponsel's Cost Segregation practice. They dive into the typical project workflow, from proposals to calculations, and debunk myths around the process. Austin shares insights on how automation and AI are influencing cost segrega...

Join us for a special episode of Let's Talk Tax as we dive into Location Advisory with host Justin Gephart and guests Brad Brown, CPA , of BMSS, and Chad Collier , Relationship Manager at McGuire Sponsel. We discuss the impact of current economic conditions on growing clients, the importance of proactive planning, and the benefits of Location Advisory Services , such as economic credits and in...

In this episode of Let's Talk Tax, we welcome Matthew Barnhill , the new Property Tax Services Manager at McGuire Sponsel. Matthew shares his expertise on property tax management, emphasizing the importance of proactive strategies for CPAs and business owners. The discussion covers assessment appeals, the impact of fixed assets , and the nuances of property tax across different states. Whether...

Welcome back to Let's Talk Tax! In this episode, host Tim LeMasters dives into the complexities of the new One Big, Beautiful Bill (OB3) and its shifts in U.S. international tax law. Joined by Jason Rauhe, CPA, from McGuire Sponsel’s Global Business Services practice, they break down key updates such as GILTI (now NCTI) , FDDEI, Subpart F, and BEAT, and explore the critical planning opportunit...

Welcome back to Let's Talk Tax, the show for growth-minded CPAs and real estate pros navigating the ever-changing world of tax. In this episode, host Tim LeMasters is joined by Dave McGuire , shareholder and co-founder of McGuire Sponsel, to discuss fixed asset planning , bonus depreciation, cost segregation , and the contract date rules in the new OBBB legislation . They delve into scenarios invo...

In this episode of Let's Talk Tax, host TJ Sponsel is joined by David Seibel, EA , a shareholder in the R&D Tax Credit practice, to discuss the impactful "One Big, Beautiful Bill" and its implications on the R&D Tax Credit. They delve into the new opportunities and challenges for small versus large taxpayers, risk mitigation strategies, and options for amending past returns....

In this episode of Let’s Talk Tax, host  ⁠TJ Sponsel⁠  is joined by guest  Ben Worrell, MBA , to address why many CPAs hesitate to engage in  location advisory services  and economic development incentives. They discuss common barriers, such as confusion about timing and fee structures, as well as misconceptions that these services are exclusive to Fortune 500 companies. The conversation offers st...

In this episode of Let’s Talk Tax, host TJ Sponsel is joined by Keith Habel, CPA/PFS , a shareholder at Honkamp , to discuss how manufacturing firms can navigate tax strategies in 2025. They delve into what makes manufacturing clients unique, current pain points, and planning opportunities such as R&D tax credits , IC-DISC , tariffs, and fixed asset strategies . They also explore state and loc...

In this bonus episode of Let’s Talk Tax, host Dave McGuire welcomes  Jerry Hammel, CPA,  for a timely breakdown of the sweeping new tax legislation known as the “Big Beautiful Bill.” Signed into law just days ago, this bill brings long-awaited changes to bonus depreciation,  Section 174 expensing , and other key areas that impact tax planning for businesses of all sizes. Dave and Jerry discuss how...

In this episode of Let’s Talk Tax, guest host Jerry Hammel, CPA , is joined by Greg Lambrecht, CPA , and Jason Rauhe, CPA , for a timely discussion on the future of international tax planning as we approach the potential sunset of the Tax Cuts and Jobs Act (TCJA). They walk through the international provisions introduced by TCJA— Section 965 transition tax , GILTI , FDII , and Section 245A—and exa...

In this episode of Let’s Talk Tax, host Jerry Hammel, CPA, sits down with David Seibel, EA — a shareholder in McGuire Sponsel’s R&D Tax Credit Services Practice — to unpack the new reporting requirements for Form 6765 , with a deep dive into the implications of Section G. They explore what’s changing in 2025, what it means for taxpayers and CPAs, and how firms can stay ahead of added complianc...

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 up...

In this episode of Let’s Talk Tax, host Justin Gephart breaks down what business owners need to know about today’s commercial real estate (CRE) market. He’s joined by CRE expert Mike Semler and McGuire Sponsel Relationship Manager Chad Collier for a timely discussion on key trends—from the effects of remote work and rising interest rates to shrinking lease footprints. They also explore why engagin...

In this episode of Let’s Talk Tax, guest host Jerry Hammel, CPA, sits down with David Seibel, EA, Shareholder of McGuire Sponsel’s R&D Tax Credit practice , to discuss the “One Big Beautiful Bill” —a sweeping piece of legislation that has passed the House but still awaits action in the Senate. The bill proposes to restore immediate expensing for R&D costs under Section 174 for tax years 20...