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