GAAP Episode 001 - Cost Segregation and the R&D Tax Credit

GAAP Episode 001 - Cost Segregation and the R&D Tax Credit

04/26/2024


In this episode, we sit down with Steve Ruda of ICS Tax, LLC and Casey Peterson income partner Tom Jasiak to talk about cost segregation, how depreciation can help businesses, and how to qualify for the Research and Development Tax Credit.

Show notes:

1:40 What is Cost Segregation?
6:42 Examples of Cost Seg Success
9:45 The Costs of Cost Seg
13:59 What is R&D?
15:13 What is Needed to Take Advantage of R&D Credit
19:36 Examples of R&D Success
25:06 Minimum Qualified Expenses
27:15 Client Feedback on Cost Seg and R&D
29:45 What’s the Audit Risk?

Learn more about Cost Segregation Studies

Learn more about the R&D Tax Credit

For more information, visit our blog about the R&D Tax Credit

DON'T LIKE NUMBERS? WE DO.

At Casey Peterson, LTD, we understand not everyone loves the complexities of accounting like we do. That's what sets us apart from the rest. Our CPAs, accountants, and financial advisors truly love numbers, solving problems, and creating business and financial strategies for our clients.

We’re looking for clients who believe in good customer service — clients who want CPAs, accountants, and financial advisors who are big-picture thinkers and ethical problem solvers. We’re looking for relationships, not transactions.

If you want the same, we should talk.

Contact Us