Joey Havens has been growing leaders in the accounting industry for over 30 years and — even though he’s officially retired – he doesn’t seem to be stopping any time soon. He spent decades at Horne, including his role as Executive Partner, where he created a people-first culture known as the “Wise Firm.”  These days Joey shares his expertise through speaking engagements, his popular blog, and his recent Amazon bestseller “Leading with Significance.”   With his signature wit and humility, Joey shares his thoughts on: The intentionality of leadership The significance of a firm "language" Why seniority might be holding us back His "ABCs to Outstanding" A must-listen for every firm -- and every leader.  

When you think of NASA, you probably picture space shuttles and moon launches -- that's the glamorous stuff. But the innovation happening at NASA is underpinned by a group of dedicated accountants and professionals who are crucial to the organization's mission. Today's guest, Herb Baker, is one of those people.   In his 42 years at NASA, Herb worked in contracts and procurement and was key in building relationships with firms like Grumman, Boeing, and SpaceX. While in management, he served as NASA's liaison to vendors, Congress, and the IRS.   Prepare for leadership lessons that are literally out of this world:   You can only control your piece, and you have to trust your team — especially when the stakes are the highest Sometimes the best thing a leader can do is get out of the way — and a master-class example that saved the Apollo 13 astronauts Why "failure is not an option" makes great movie dialogue, but doesn't always play in real life   Plus much more, including insider tales of life on the space station and the secret of astronaut ice cream..   To learn more about Herb, please visit www.herbbaker.space. Keep your eye out for his memoir, From Apollo to Artemis: Stories From My 50 Years with NASA, set to be published at year's end.

Jody Padar is one of the most disruptive and impactful pioneers in the accounting industry. An early adopter of technology and social media, Jody's been shaking things up for decades now, shepherding our industry forward through her conception of the “New Firm.” There's a reason she's known as The Radical CPA.   This episode is packed with thoughtful insight, delivered with Jody's inimitable wit and energy:   Why social media is really social business How to fully leverage technology while retaining the personal touch The reason that value-based pricing is the key to success as firms evolve What Jody predicts our industry will look like in 10 years - and how to avoid behind left behind   Jody's most recent book, Radical Pricing: How to Optimize Profits, Delight Customers and Build a Top Value Firm is available at cpatrendlines.com, where you can also read excerpts and download a free bonus toolkit. You can also reach out to Jody directly at [email protected] or visit her website at theradicalcpa.com.  

Ready to hear something revolutionary? Bryan Cogliano and Frank Hanna Jr. are the founders of Revolution X, a real estate consulting firm providing cutting-edge investment options with a personal approach. In this episode, Bryan and Frank introduce two new strategies that add flexibility and agility to real estate, allowing investors to control their destiny. Listen in to discover: Why all investors should identify a Delaware Statutory Trust (DST) as a potential replacement property during a 1031 Exchange Ways to avoid dealing with the "Three T's" How to leverage a "Bonus Depreciation Fund" to offset passive income Why CPAs should add these tools to their toolbox, and offer clients new and thoughtful options for consideration To learn more about 1031 Exchanges, DSTs, or Bonus Depreciation Funds, reach out to *Frank Hanna, ChFC ([email protected]) and *Bryan Cogliano, CFP ([email protected]) or visit www.revxwealth.com.

Utility rebates may be the energy world's best kept secret. Thousands of incentives benefit property owners who install energy-efficient equipment like LED lighting, HVAC systems, EV (electrical vehicle) chargers and more.   Leendert Enthoven, founder of BriteSwitch (briteswitch.com), is here to give us a primer on this little-known opportunity, explaining:   Why utilities are willing to "give money away" How he created a rebate database to help identify, maximize, and capture rebates for energy-efficiency products The future of the rebate industry in a world turning to electrification How multifamily property owners can strategically leverage rebates to offset the costs of installing equipment, especially the uber-popular EV charging station   If you'd like to learn more about benefiting from utility rebates, Leendert ([email protected]) is the man to see.

Angie Grissom, MBA, has been consistently named one of the Top 100 Most Influential People in Accounting for the last decade. She's an author, a speaker, a coach, and a visionary who believes in people. One thing she's not? An accountant. Listen in as Angie discusses: How she paved her own path (and how you can too!) The importance of firm culture in employee retention Why change management and partner accountability are key to growing your firm The crucial mindset shift from the transactional approach to the relational approach If you want to grow your firm, retain your talent, and enjoy your work — this is an episode not to be missed.   To learn more about Angie and The Rainmaker Companies, visit therainmakercompanies.com.  Angie can be reached at [email protected]  

Having worked in real estate for decades, George Burchlaw noticed that regardless of size, real estate investment firms seemed to be drowning in data. He realized that firms needed a software platform more nuanced and customizable than a simple Excel spreadsheet, but that they also needed a partner to organize and analyze data on that mythical platform. RE Analytics was born, and George never looked back.   Listen in as we discuss: — How George helps real estate decision-makers make informed decisions — The challenges of high interest rates and outdated proformas — How CPAs and real estate advisors can partner to create opportunity

Ashley Northcutt is one of the most fascinating and accomplished women we know. Her personal transformation is inspiring — Ashley left a high-powered position in tax to launch the non-profit Women's Affordable Housing Network. Ashley goes to bat each and every day for women working in affordable housing and women living in affordable housing. It's only fitting that this episode of Beyond the Spreadsheet releases on International Women's Day — Ashley and her team are making a genuine difference in the lives of women.   

Greg Kyte is known as "The Comedy CPA" — and we're not kidding. On this episode, Greg talks about the therapeutic effects of finding the humor in our industry. Greg is the author and illustrator of Exposure Drafts Cartoons (https://www.instagram.com/exposuredrafts/), a hilarious single-panel comic that satirizes the daily absurdity. He's also the co-host of Oh My Fraud, a "true crime podcast for accountants" that will have you laughing and learning (https://ohmyfraud.com/). Did we mention you can even get CPE credit if you listen through the Earmark App (https://earmarkcpe.com/)?   You can reach the man, the myth, the comedy legend at [email protected]. PLUS — we'll be showcasing his inimitable style in a Capstan University webinar this May! Stay tuned...

Welcome to Beyond the Spreadsheet, a special podcast series from Capstan Live. Our goal is to spark authentic conversation about our industry, and we've invited some of the smartest, most influential people we know to join us.      Our first guest, Jenny Massey, CRE, is Director of Site Selection and Business Incentives at Sikich LLP. She's also an archaeologist by training, spent 7 years living and working in Japan, and is an accomplished beekeeper (!). Join us for 20 minutes with the fascinating Jenny Massey as we discuss: The purpose of site selection How local and state business incentives offset expansion costs Which activities should trigger a consultation with a site selection/business incentives professional How success in claiming incentives is all about pitching the right story to the right audience   If you're an owner growing your business — or a CPA that advises one — this is a must-listen. If you'd like to consult with Jenny, feel free to reach out to her at [email protected].

It's the Third Annual Year End Top 10 Podcast, where multiple Capstan stars come out to shine! Join Bruce, Terri, Ziv, and Jacob as they run through this year's must-knows, while sharing a few laughs and some good-natured banter. Unsurprisingly, IRA-related topics take 3 up three spots on this year's list, and even edge out Mandatory Amortization of Sec. 174 Expenses for the coveted top spot. Want to get the scoop on the entire Top 10? Give us a listen — you'll be glad you did.

It's been almost a year since IRA provisions took effect back in January, and there are still a lot of unanswered questions. Capstan Partner Bruce Johnson returns to the pod to share industry insights including:   Why the maximum benefit may be out of reach for many developers How contractors are feeling about Prevailing Wage/Apprenticeship Requirements The silver lining of deduction reset A huge change in the 45L Credit process   Take a half hour with Bruce to clarify what we've learned — and what we still need to learn.  

Bruce Johnson returns to the podcast to discuss triple-net-lease, or "NNN" properties.   What makes them such attractive investments? Why are they great cost seg candidates? What makes retail pharmacies and quick-serve restaurants particularly asset-rich? Will Bruce be persuaded to invest in a Dunkin' Donuts franchise?    All these questions and more will be answered in a tight 15 minutes.

The R&D Tax Credit was initially created with manufacturers in mind, and today manufacturers claim 70% of all R&D Tax Credits. Jacob Wood, JD, returns to the Pod to explain:   What types of manufacturers can qualify Potential scope of savings The taxpayer-friendly implications of the "Substantially All" rule Why a company's problem-solvers are key to claiming the credit   And more!

Commercial food and beverage production is all about innovation, making it a great source of R&D Tax Credits. Capstan Regional Director Jacob Wood ([email protected]) returns to the pod to give us the (ice cream) scoop on R&D in Food and Bev: Qualifying activities throughout the supply chain — from formulations, to scaling up, certification testing, packaging, and more The finer points of R&D in breweries, wineries, and distilleries Unique challenges in the frozen food industry that present R&D opportunity Real life examples that explore the scope of savings possible   Don't listen while you're hungry, but do listen.

Software is everywhere. And the constant innovation and improvement involved in software development makes it a perfect industry for R&D Tax Credits.   Join Regional Director Jacob Wood ([email protected]) as he discusses: Which activities apply for the R&D Tax Credits The nuances of internal-use software What kind of savings software companies can expect The modified credit for small software startups Suggested documentation software firms should have available Next steps for learning more   A great listen for software developers, CFOs, and CPAs!

Our new Short Takes series provides brief but thoughtful topic overviews — perfect for those times you just need a high-level view.   This month Bruce Johnson talks about: What makes multifamily facilities such great cost seg candidates How the IRA is changing the game for MF owners/developers Why MF remains a huge vertical amid current affordability challenges And lots more, in just 15 minutes.  

Capstan R&D Tax Credit experts Lindsey King and Carly Coker return to the pod to discuss the implications of Sec. 174 amortization.   Interplay Between Sec. 174 and Sec. 41 The Way We Were (i.e. Sec. 174 treatment before TY 2022) The Current Situation Rev. Proc. 2023-11 and What Makes it Taxpayer-Friendly The Impact of Mandatory Amortization What the IRS Will Be Looking For The R&D Tax Credit as a Mitigating Factor   If your clients take the R&D Tax Credit and/or have Sec. 174 Expenses, this episode is a MUST LISTEN.  

Our new Short Takes series provides brief but thoughtful topic overviews — perfect for those times you just need a high-level view. This month Bruce Johnson talks about: What makes self-storage facilities such great cost seg candidates How expected yield may vary in urban v. suburban projects The repositioning phenomenon And lots more, in less than 15 minutes.

Join us for an action-packed discussion of the Top Ten Things You MUST Know for TY 2022 in this special episode of Capstan Live! Terri Johnson, Bruce Johnson, and Ziv Carmel return to the pod for an all-star roundtable, reviewing a year’s worth of headlines, strategies, and analysis. Plus, special guest Jacob Wood cameos to talk about the latest R&D Tax Credit news. If you only listen to one episode of Capstan Live!, make it this one.

The IRA is bringing sweeping changes to EPAct 179D and 45L. Bruce Johnson — our resident energy expert — returns to the pod. He'll walk us through what's already changed, what will change next year, what isn't changing, and what it all means. All the info and analysis you need to fully leverage the IRA in 2023 — don't miss Capstan's take on this groundbreaking legislation.

The R&D Tax Credit has come a long way, baby! Join Capstan Regional Director Jacob Wood as he traces the evolution of the Credit from its humble origin to the amplified and expansive Credit we enjoy today. Jacob will touch on the implications of all relevant legislation and will share the actionable info you need to take advantage of the Inflation Reduction Act's new R&D provisions.

While EPAct 179D gets a lot of attention, 45L is often considered an “afterthought.” However, this oft overlooked credit packs a powerful punch, and is worthy of a podcast all its own. Join Terri Johnson as she digs into the details of this lucrative incentive and delivers the scoop on a timely strategy for 9/15.

The 754 step-up is notoriously complicated, and it’s easy to overlook the inherent cost seg potential while dealing with all the moving parts.  Consider this episode your official reminder that the new basis and service date seen in a step-up may tee up an excellent cost seg opportunity.  Capstan Partner Bruce Johnson walks us through the details, shares a few caveats, and allows Helena to finally share her original work, “Lucy and Ethel Buy a Chocolate Factory: A Section 754 Story.” 

We are truly honored to welcome Rob Ord, Vice President of Operations for Unbeatable Mind. Having spent 16 years as a Navy Seal, Rob now brings the elite mental discipline of the military to corporate leaders, athletes, and anyone seeking self-refinement. By helping people unlock new levels of potential and self-mastery, Rob helps companies reach new heights of success. Join Rob as he guides Terri Johnson on a journey of mindfulness, balance, and the very science of breath. It might just be the most important podcast you ever hear. 

Welcome Lindsey King and Carly Coker to the Pod! As part of Capstan’s R&D Tax Credits Division, Carly and Lindsey have successfully captured hundreds of R&D Tax Credits in a plethora of industries. They’ll walk us through the R&D Credit study process, review eligibility criteria, and explain exactly what constitutes a qualified research expense.  Lots of real-life industries will be represented, including some that you didn’t see coming – breweries?! -- and Lindsey and Carly will even share a few tricks of their trade. 

In this episode, we do a deep dive into Qualified Improvement Property.  This lucrative incentive packs a punch, but alas, all improvements do not fall under the QIP umbrella.  Join Capstan Partner Bruce Johnson as he pulls apart the tax code definition, breaking it down to determine exactly what is – and what is not – considered QIP.  If you deal with a lot of renovations, this episode is a must-listen! 

Unless something changes on Capitol Hill, the golden days of 100% bonus depreciation are numbered. What’s a taxpayer to do? Could Section 179 Expensing help fill the void? Join Capstan Partner Bruce Johnson as we compare these strategies, speculate on the use of Section 179 moving forward, and address state limits on this federal incentive. We also discuss a strategic hierarchy of expensing, talk through a few examples, and quibble over the correct pronunciation of “hierarchy.” (Spoiler – no consensus is reached.)

Low inventory, high profit margins, and the LIFO method of accounting have resulted in a higher taxable income for many.  Why wait for the Treasury to provide relief under Section 473?  Special guest and industry giant Will De Filipps, CPA, PC, suggests that a far better strategy for avoiding additional tax burden is to take advantage of a beneficial provision already in the Regulations.  Adopting this strategy can be achieved without advance permission from the IRS by complying with the Regulations and filing Form 3115.  But time is of the essence.   Join Terri S. Johnson and Will De Filipps, CPA, PC for a fascinating discussion of what just might be a late-breaking game changer.  

Capstan’s Director of Engineering Ziv Carmel makes a triumphant return to the pod! Many auto dealers are turning to cost seg to offset pandemic-related cash flow issues. Join us as Ziv explains why auto dealerships make such great candidates for cost segregation studies and what kind of first year tax savings are possible. As an engineer with decades of industry savvy, Ziv brings a unique perspective to the pod that is not to be missed.

Tax is season is here but have no fear!   This special episode of Capstan Live! will get you up to speed with an action-packed discussion of the Top Ten Things You MUST Know for TY 2021. Terri Johnson, Bruce Johnson, and Ziv Carmel return to the pod for an all-star roundtable, reviewing a year’s worth of headlines, strategies, and analysis in a tight 40 minutes.  If you only listen to one episode, make it this one!  

Capstan Partner Bruce Johnson joins us for to discuss these great tax strategies and to weigh in on what food-related simile would best describe their use in tandem. PLUS – new final regs redefine what can be considered “Real Property” for the purposes of a 1031 Exchange. Bruce has the scoop on this breaking news, and explains why it’s a win!

Capstan Partner Terri S. Johnson sings the praises of the Tangible Property Regulations.  Terri’s attitude is contagious, and you’ll find yourself excited about expensing options, enthused about the BAR and Materiality Tests, and positively over the moon about Partial Asset Disposition.  And the best thing about the TPRs?  They play very nicely with other tax strategies… 

On this episode we tackle a complicated subject – how should owners treat tax-exempt use property regarding depreciation?  A topic this tricky calls for a very special guest, and we are honored to welcome Brian O’Sullivan, CPA, CVA, of the LG Legacy Group, LLC! Brian brings his signature wit and wisdom to the pod, guiding us through an analysis of the MACRS vs ADS decision process for both tax-exempt tangible personal property and non-residential real estate. PLUS, download our all-new Capstan tool – our ADS Flowchart for Tax-Exempt Use Property.

It IS easy being green now that the EPAct 179D tax deduction has been permanently extended! And another year of 45L tax credits is just icing on the cake…  Join Bruce Johnson, Founding Partner, as he talks us through the subtleties of these energy-efficient real estate tax incentives, touching on eligibility, scope of savings, and study logistics.