Cost Segregations/R&D Credits with Kim Lochridge

November 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/ 

SHOW NOTES:

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: https://www.engineeredtaxservices.com/