The Construction Leading Edge Podcast
Business:Entrepreneurship
EPISODE 293: Did you know your construction business could be entitled to a whopping six-figure check (or more) from the IRS?
For others, that may sound too good to be true, but yes, construction business owners can get significant cash incentives from the federal government.
Large companies routinely take advantage of these cash incentives, yet most small companies like yours don't even know these benefits exist. Why is it so?
In today's episode, we are joined by Justin Rupple of Business Group Resources, a business incentive recovery firm, to talk about tax credits your CPA may not be telling you about.
Today, Justin discusses the tax credits that are available for business owners like you, how much money most construction businesses are leaving on the table, and how you can qualify for these tax credits.
Key Takeaways:
Intro (00:00)
#1 Most overlooked tax credit program (05:02)
How much money is left on the table by construction businesses (07:43)
Misconceptions about the research and development tax credit (08:47)
How construction businesses can qualify for the R&D tax credit (12:57)
Why does the R&D tax credit program exist? (14:58)
Tax incentives: big corporations vs. small businesses (16:21)
Reasons why CPAs don't go after R&D tax credits (18:32)
Examples of how much construction businesses get from tax credits (21:40)
Who can qualify for this tax credit? (27:22)
Episode wrap-up (34:33)
Additional Resources:
- Recover your tax overpayments HERE
- Book a FREE call with our team HERE
- Sign up for our FREE training HERE
- Visit Construction Leading Edge for more HERE
Connect with Justin:
- Check Justin out on LinkedIn HERE
- Check Business Group Resources for more HERE
--
The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time.
Follow us on your favorite podcasting platform so you never miss an episode!
Are You Headed for a Tipping Point? | E259
Designed to Fail: Why 80% of Construction Businesses Have No Value | E258
The 8 Hour Work Week: How Monish Khadye Did It | E257
Repossess Your Time with the CEO Schedule | E256
Side Effects of a Poorly Designed Organization & Starving Horse Syndrome | E255
Forgetting What You Know and Hitting the Reset Button with Phil Coe | E254
How to Get a Check from the IRS for Your Employee Retention Credit with Catherine Tindall | E253
Constraints Make You More Effective & Using Marketing as a Lever with Spencer Powell | E252
Red Flags You Could Be Overpaying for Workers Comp & How to Get Your Money Back with Scott Priz | E251
How Navy SEALS Would Build Houses, Mantras & Attacking the Housing Shortage with Garrett Moore | E250
Lessons From an Acquisition That Went Wrong & Coaching Your Team to Success with Jeremy Flaten | E249
Paving a Wide Path to Success & the Virtuous Cycle of Talent with Brady Fry | E248
Top 5 Growth Fears Business Owners Need to Conquer | E247
Tax Overpayment Recovery: Tax Credits Your CPA May Not Know About with Justin Rupple | E246
7 Ninja Level Delegation Secrets & Hacks | E245
Celebrating Failure, Advice for Second Generation Owners & The Flex Track with Mikhail Gannage | E244
8 Ways to Sabotage Your Delegation Skills | E243
Hiring People Smarter Than You & Taking Ownership for Problems with Levi Benkert | E242
8 Times You Should Ask “WTF is the Real Problem?” | E241
3 Things That Determine the Value of Your Business with Kimia Shadrokh | E240
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Organic Marketing Simplified: Effective podcasting strategy for growth and monetization
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Money Mondays