208 Minting New Niches for CPAs: Inside the CHIPS and IRA Bills - a podcast by Geraldine Carter

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There's a giant new bill that just came out that we're trying to get on top of and underneath to understand where the business opportunities are.

Here today to talk with me about this is my guest, Randy Crabtree, co-founder and owner of Tri-merit Specialty Tax Professionals, and the host of the Unique CPA podcast.

 

Highlights:

— “Probably the major winner from somebody who's looking to build out a niche is something to do with the construction industry.” 

— “There is a new rule regarding R&D, which probably tech startups are going to benefit.”

— “Anybody that is helping manufacture equipment, potentially that's going to support the manufacturing of semiconductors can benefit from the CHIPS Act.”

— “There are two different investment tax credits under the Inflation Reduction Act. One is tied to semiconductor manufacturing, and the other one is tied to green and energy-efficient manufacturing of equipment or recycling of equipment or renewable energies.” 

— “There's an incentive for companies that deal with tech startups doing Research and Development. Startup companies can take the R&D tax credit, and at least a portion of it and offset payroll taxes.” 

Connect with Randy:

Website: https://tri-merit.com/

Webinar mention:

Pricing for Improved Profitability: Practice Management Webinar

https://www.youtube.com/watch?v=3EkcAAQQlOA

 

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