Скачать или смотреть Saving Startups Millions, R&D Credit Deep Dive, and Breaking Down the Big Beautiful Bill: Jake Wedig

Jake Wedig is the Director of Tax at Fondo, where he helps startups navigate complex tax legislation and maximize their tax benefits. With deep expertise in startup tax strategy, Jake specializes in R&D tax credits, Section 174 compliance, and helping growing companies optimize their tax positions while managing cash flow challenges.

In this conversation, Jake breaks down the recent changes in tax legislation that every startup founder needs to know about, particularly the game-changing provisions in the One Big Beautiful Bill and how startups can leverage R&D tax credits to get substantial cash back on their development investments.

We explore the challenges that Section 174 has created for startups and dive into practical strategies for navigating these changes, including when amending tax returns makes sense and how to leverage bonus depreciation and Section 179 deductions. Jake also explains the powerful long-term benefits of Qualified Small Business Stock (QSBS) for founder wealth optimization.

Key topics covered:

How the One Big Beautiful Bill creates new tax optimization opportunities for startups
Maximizing R&D tax credits for substantial cash returns on development investments
Navigating Section 174's impact on R&D expense deductions and cash flow management
Strategic use of amended returns to recover from unexpected tax positions
Leveraging bonus depreciation and Section 179 for immediate equipment deduction benefits
Understanding QSBS benefits and the five-year holding period requirements
The importance of proactive tax planning partnerships between startups and advisors
Staying ahead of evolving tax legislation to capture emerging opportunities
And much more

Brought to you by:

Fondo — Automate your accounting and unlock up to $500k from the IRS: https://tryfondo.com

Where to find Jake Wedig

LinkedIn:   / jacob-wedig  

Where to Find David Phillips
X: https://x.com/davj
LinkedIn:   / davjphillips  

In This Episode, We Cover:

Understanding the New Tax Bill
R&D Tax Credits and Their Importance
Impact of Section 174 on Startups
Amending Returns and Cash Flow Considerations
Lessons from a slow death and how to move on
The Role of Tax Advisors for Startups
Bonus Depreciation and Section 179
Qualified Small Business Stock (QSBS) Benefits