The Financial Beast Podcast for Practice Owners

Slash Your Tax Bill: Cost Segregation Explained with Host, Eric Miller & Guest, Andrew Parrish


Listen Later

Get your free How to Become a Financial Beast Book at www.financialbeastbook.com

 

Ready to slash your tax bill and take back CONTROL of your financial destiny? In this must-watch episode, we break down the powerful tax-saving strategy of cost segregation with expert Andrew Parrish of Alternate Tax Solutions. Learn how healthcare and practice owners can leverage cost segregation to maximize deductions, accelerate depreciation, and keep more of what they earn. Whether you're building personal wealth, preparing for financial freedom, or expanding your business, this strategy could be a game changer.

 

Hosted by Eric Miller, co-owner of Econologics Financial Advisors and author of the best-selling book, "How to Become a Financial Beast," this episode is packed with actionable insights. Discover how strategies like cost segregation and R&D tax credits can elevate your financial game, allowing you to focus on building wealth and optimizing your business. Practice owners, it's time to stop overpaying and get the financial results you deserve!

 

Econologics Financial Advisors specialize in helping healthcare practice owners set up financial systems that create wealth, reduce debt, and prepare for a successful exit. Start your journey to becoming a Financial Beast today and gain the tools to achieve financial freedom! Like, share, and subscribe for more empowering content.

 

#cpa #accelerateddepreciation #costsegregationanalysis #costsegregationstudy #realestate

 

CHAPTERS:

00:00 - Intro

01:06 - Andrew Parish, Managing Partner at Alternate Tax Solutions

03:24 - What is Cost Segregation

05:00 - Importance of 39-Year Depreciation

06:41 - Understanding Personal Property in Taxation

09:00 - Cost Segregation Grouping Rules Explained

11:57 - Evaluating Cost Segregation Risks

13:05 - Benefits of 100% Bonus Depreciation

15:31 - Getting Started with Cost Segregation

26:18 - Exploring R&D Tax Credit Opportunities

29:57 - Mergers and Acquisitions (M&A) Insights

33:00 - Strategic Planning for Your Exit

33:40 - Understanding 1250 Recapture Tax

35:23 - Contacting Alex for More Information

_________________________________________________________________________________

 

If you would like a free consultation, please visit econologics.com or call us at 727-588-1540

 

Get Social With Us!

LinkedIn: https://www.linkedin.com/company/econologics

Facebook: https://www.facebook.com/econologicsfinancial

YouTube: https://www.youtube.com/@FinancialBeast

Twitter: https://twitter.com/FinancialBeasts

Instagram: https://www.instagram.com/financialbeastmode/

Website: https://econologicsfinancialadvisors.com/

 

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

...more
View all episodesView all episodes
Download on the App Store

The Financial Beast Podcast for Practice OwnersBy Econologics Financial Advisors

  • 5
  • 5
  • 5
  • 5
  • 5

5

4 ratings


More shows like The Financial Beast Podcast for Practice Owners

View all
Planet Money by NPR

Planet Money

30,845 Listeners

Grow Your Practice Podcast by Grow Your Practice Podcast

Grow Your Practice Podcast

62 Listeners

Up First from NPR by NPR

Up First from NPR

56,231 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

1,998 Listeners

The Dr. Hyman Show by Dr. Mark Hyman

The Dr. Hyman Show

9,362 Listeners

Private Practice Owners Club by Nathan Shields

Private Practice Owners Club

57 Listeners

Kitces and Carl - Real Talk for Real Financial Advisors by Michael Kitces, MSFS, MTAX, CFP and Carl Richards, CFP

Kitces and Carl - Real Talk for Real Financial Advisors

241 Listeners

Ask The Compound by The Compound

Ask The Compound

307 Listeners

The Practice Marketing Podcast by Neil Trickett, PT

The Practice Marketing Podcast

7 Listeners

The Weekly Show with Jon Stewart by Comedy Central

The Weekly Show with Jon Stewart

10,556 Listeners

Whats Best For The Patient Is Best For Business by Jerry Durham

Whats Best For The Patient Is Best For Business

7 Listeners

The Efficient Advisor: Tactical Business Advice for Financial Planners by Libby Greiwe

The Efficient Advisor: Tactical Business Advice for Financial Planners

123 Listeners

Smart Money Happy Hour with Rachel Cruze and George Kamel by Ramsey Network

Smart Money Happy Hour with Rachel Cruze and George Kamel

3,134 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,562 Listeners

Will Power Podcast by Will Humphreys by Will Humphreys

Will Power Podcast by Will Humphreys

10 Listeners