How Cost Segregations/R&D Credits Can Benefit Your Clients – Tom Wheelwright w/ Kim Lochridge
Tom Wheelwright Tom Wheelwright
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 Published On Nov 29, 2023

WealthAbility for CPAs #111 – Has your firm discussed the potential benefits of cost segregations with your clients in their wealth strategies? With proper planning, accelerated deprecation strategies can be extraordinarily powerful tools when it comes to building their portfolio. In this episode, Kim Lochridge joins Tom to discuss the finer details of what goes into cost segregations and how you can help your clients take advantage.


Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: https://winwinwealthstrategy.com/


00:00 – Intro
02:53 – What if CPAs still feel that Cost Segregation is aggressive?
08:37 – Is a cost-segregation more technically correct than a situation without one?
12:21 – What rate is bonus depreciation decaying at?
15:53 – How can a cost-segregation allow us to leverage our capital further?
24:34 – What is the future of Research and Development Credits?
27:55 – What can we expect if the new tax bill passes at the end of the year?
30:30 – Where does the U.S. rank as far as incentives for research and development?


Looking for more on Kim Lochridge?
Website: www.engineeredtaxservices.com


Tom Wheelwright, #CPA is a Best-Selling Author, Entrepreneur & Worldwide Authority on Tax. https://wealthability.com/tom/


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DISCLAIMER: WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.

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