The Bigger Picture: Connecting Property Tax, Fixed Assets, & Location Strategy
Let's Talk Tax Podcast
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When a client expands, buys equipment, builds a facility, or enters a new state, tax planning can extend across property tax, fixed assets, location incentives, depreciation, and more.
In this episode of Let’s Talk Tax, Dave McGuire sits down with Ben Worrell, MBA, and Rebecca Patterson to discuss how CPAs can connect these areas to uncover opportunities and provide more strategic guidance during periods of business growth and change.
Using a manufacturing facility as an example, they explore why timing matters when pursuing state and local incentives, when property tax planning should begin, and how federal depreciation considerations can affect the bigger picture. They also discuss the importance of ongoing incentives compliance and why CPAs should look beyond individual tax strategies when advising clients on major investments.
Learn what questions to ask when a client is expanding, investing in equipment, renovating a facility, changing locations, or simply experiencing significant change within the business.
00:00 Connecting Property Tax, Fixed Assets & Location Strategy
00:32 Planning a New Manufacturing Facility
02:09 Property Tax Opportunities During Expansion
03:07 Federal, State & Local Tax Considerations
03:49 Why Tax Planning Is a Team Sport
05:33 Questions to Ask Growing Clients
08:24 Planning a $15 Million Facility Investment
09:26 Why Property Tax Planning Should Start Early
10:04 Looking Beyond a Single Tax Opportunity
11:56 What CPAs May Be Missing
14:20 Tax Opportunities Beyond Business Growth
16:10 Questions to Ask When Clients Are Changing
18:46 Understanding What Is Driving Expansion
20:26 Common Property Tax Misconceptions
22:15 Incentive Compliance & Clawback Risk
24:57 Planning a $21 Million Facility & Equipment Investment
27:35 When Property Tax Planning Should Begin
27:54 Connecting the Full Tax Picture
28:54 The CPA's Role in Strategic Tax Planning
As always, check us out on YouTube, LinkedIn, or Instagram. For today's show notes and more, visit mcguiresponsel.com/letstalktaxpodcast.
Thanks for listening! We'll see you next Saturday, September 26, for our next episode of Let's Talk Tax!
LinkedIn: letstalktaxpodcast
Instagram: LetsTalkTaxPodcast
Facebook: letstalktaxpodcast
https://x.com/letstalktaxpod/
The Bigger Picture: Connecting Property Tax, Fixed Assets, & Location Strategy
Let's Talk Tax Podcast
27 views
When a client expands, buys equipment, builds a facility, or enters a new state, tax planning can extend across property tax, fixed assets, location incentives, depreciation, and more.
In this episode of Let’s Talk Tax, Dave McGuire sits down with Ben Worrell, MBA, and Rebecca Patterson to discuss how CPAs can connect these areas to uncover opportunities and provide more strategic guidance during periods of business growth and change.
Using a manufacturing facility as an example, they explore why timing matters when pursuing state and local incentives, when property tax planning should begin, and how federal depreciation considerations can affect the bigger picture. They also discuss the importance of ongoing incentives compliance and why CPAs should look beyond individual tax strategies when advising clients on major investments.
Learn what questions to ask when a client is expanding, investing in equipment, renovating a facility, changing locations, or simply experiencing significant change within the business.
00:00 Connecting Property Tax, Fixed Assets & Location Strategy
00:32 Planning a New Manufacturing Facility
02:09 Property Tax Opportunities During Expansion
03:07 Federal, State & Local Tax Considerations
03:49 Why Tax Planning Is a Team Sport
05:33 Questions to Ask Growing Clients
08:24 Planning a $15 Million Facility Investment
09:26 Why Property Tax Planning Should Start Early
10:04 Looking Beyond a Single Tax Opportunity
11:56 What CPAs May Be Missing
14:20 Tax Opportunities Beyond Business Growth
16:10 Questions to Ask When Clients Are Changing
18:46 Understanding What Is Driving Expansion
20:26 Common Property Tax Misconceptions
22:15 Incentive Compliance & Clawback Risk
24:57 Planning a $21 Million Facility & Equipment Investment
27:35 When Property Tax Planning Should Begin
27:54 Connecting the Full Tax Picture
28:54 The CPA's Role in Strategic Tax Planning
As always, check us out on YouTube, LinkedIn, or Instagram. For today's show notes and more, visit mcguiresponsel.com/letstalktaxpodcast.
Thanks for listening! We'll see you next Saturday, September 26, for our next episode of Let's Talk Tax!
LinkedIn: letstalktaxpodcast
Instagram: LetsTalkTaxPodcast
Facebook: letstalktaxpodcast
https://x.com/letstalktaxpod/