McGuire Sponsel

Tax season doesn’t end the conversation—it starts the next one. April’s McGuire Sponsel Digest highlights what firms should be focusing on now, from timing-driven #Incentives and #PropertyTax strategy to data-driven growth and 2026 #Depreciation planning. Plus: don’t miss our upcoming CPE webinar breaking down what tax season revealed and where to act next. 📘 Dive into the full edition for insights shaping what’s next at the link below. #CPAInsights #TaxPlanning #CPAAdvisory #FirmStrategy

⚠️ #InternationalTax compliance isn’t just getting more complex, it’s becoming a real source of risk for CPA firms. With evolving rules around GILTI, FDII, and expanded reporting requirements (hello, #Form5471), even small oversights can create significant exposure—often surfacing years later under IRS scrutiny. Where we’re seeing the biggest challenge: • Limited volume to build true specialization • Increasingly detailed reporting and ownership analysis • Rising penalties and enforcement activity That’s where the right support model matters. We partner with CPA firms to bring structure, clarity, and confidence to international compliance without taking control away from your client relationships. Read more at the link below. #CPAAdvisory #TaxCompliance #GlobalTax

Planned growth doesn’t have to mean leaving #incentives on the table. In this case study, a Midwest manufacturer secured $2.3M in state and local #EconomicDevelopment incentives—without changing its expansion strategy. The difference came down to timing and alignment. By engaging early, the team aligned more than $23.5M in capital investment and job growth with available programs, capturing value across payroll tax credits tied to 40 new jobs, property tax abatement on a 75,000 sq. ft. expansion, sales and use tax refunds, workforce training grants, and low-interest financing. If you're advising #manufacturing clients, this is where proactive planning can materially improve project ROI—and strengthen your advisory role. Explore how the strategy came together in our full breakdown by Chad Collier at the link below. #LocationAdvisory #TaxStrategy

#InternationalTax isn’t a niche anymore, it’s showing up across the middle market. 🌍 For CPA firms, the challenge is balancing compliance, complexity, and client expectations without overextending internal teams or losing visibility through large-firm alliances. That’s where a CPA-centric approach matters. We partner with firms as an extension of their team—supporting international needs while keeping you at the center of the client relationship. Explore the alternative at the link below. #CPAAdvisory #TaxStrategy

⌛ #179D planning is becoming more time-sensitive. With the One Big Beautiful Bill, projects must begin construction before June 30, 2026 to remain eligible—while deductions can still reach up to $5.00 per square foot. For CPA firms, this is a key opportunity to identify qualifying energy-efficient projects early and maximize available #incentives for clients. Learn more at the link below. #TaxStrategy #CPAAdvisory #EnergyEfficiency

Texas #PropertyTax assessments can create hidden exposure for your clients—especially when values are driven by mass appraisal models rather than market-based data. For CPAs advising clients with #Texas property, understanding the system and appeal process is key to identifying savings opportunities before deadlines pass. This blog by Matthew Barnhill breaks down: - How the Texas property tax system works - What drives increases in taxable value - Key deadlines and steps in the appeal process - Where valuations may be overstated—and how to challenge them A timely resource as protest windows approach. Read the full blog at the link below. #CPAAdvisory #TaxStrategy #TexasTax

Cross-border activity is growing—and so is the complexity that comes with it. 🌍📊 From inbound investment to U.S. companies expanding abroad, international #TaxPlanning is critical to managing compliance, structure, and overall tax efficiency. We partner with CPA firms to help navigate #GlobalTax challenges—from #TransferPricing to repatriation strategy. Learn more at the link below! #InternationalTax #CPAAdvisory #TaxStrategy

When clients evaluate expansion opportunities, #incentives can play a meaningful role in overall project ROI. In this case study, our team supported Alt Construction on a $5M #construction expansion in Whitestown, Indiana — securing $422,205 in #PropertyTax savings through strategic incentive procurement and hands-on guidance throughout the abatement process. Explore how the incentives were structured and executed at the link below. #LocationAdvisory #TaxStrategy #CPAAdvisory

A “permanent” election may not be so permanent after all. Rev. Proc. 2026-17 gives taxpayers a limited-time opportunity to revoke prior §163(j)(7) elections, a significant development for #RealEstate clients navigating recent legislative changes. With the return to EBITDA-based limitations and the revival of #BonusDepreciation, prior decisions may deserve a second look. Key consideration: timing. The window to act closes as early as October 15, 2026. ⏳ For CPAs, this is a critical moment to reassess strategy and identify opportunities. Learn more in our update by Dave McGuire at the link below. #CPAAdvisory #TaxPlanning #TaxUpdates #BusinessTax

Many exporters are facing rising costs, supply chain shifts, and increasing global competition in 2026. One strategy that continues to deliver meaningful #TaxSavings but is often overlooked is #ICDISC. For CPA firms advising manufacturers, distributors, and service providers with export activity, IC-DISC can create permanent tax rate arbitrage while requiring no operational changes for the client. When paired with a transaction-by-transaction analysis, the savings potential can be even greater. In this article, we break down how IC-DISC works, why the TxT approach often outperforms the 4% safe harbor, and how CPA firms can deliver the strategy through a turnkey partnership model. 🌎💰 Read the full blog at the link below. #CPAAdvisory #TaxPlanning #InternationalTax