McGuire Sponsel: Comprehensive Profile
Overview
McGuire Sponsel is a prominent specialty tax consulting firm headquartered in Indianapolis, IN, USA. Established in 2007, the firm is dedicated to offering high-value tax solutions primarily to CPA and real estate firms across the United States. The firm prides itself on its profound commitment to integrity and partnership, effectively functioning as an extension of its clients' CPA relationships.
Core Services
McGuire Sponsel specializes in an array of services that are meticulously crafted to meet the strategic and operational goals of their clients:
- Fixed Asset Services: Expertise in cost segregation to maximize tax savings.
- R&D Tax Credit Services: Assisting firms in gaining credits for research and development activities.
- Global Business Services: Supporting clients in managing international business operations efficiently.
- Location Advisory Services: Providing detailed insights and guidance for business location decisions.
- IC-DISCs and Credits & Incentives: Structuring strategies to optimize savings and incentives.
Industry Focus
The firm serves a diverse clientele across various industries, including:
- Architectural Engineering
- Assisted Living
- Auto Dealerships
- Automation & Robotics
- Hotels & Resorts
- Life Sciences & Biotech
- Manufacturing & Machining
- Multi-Family Residences
- Restaurants
- Technology & Software
Leadership Team
The leadership at McGuire Sponsel comprises committed professionals driving the firm's vision:
- Dave McGuire, Co-founder: An expert in cost segregation and depreciation law.
- TJ Sponsel II, Co-founder: Oversees strategic delivery of tax consulting services.
- Kelsey Brewer, Chief Marketing Officer: Spearheads brand and revenue-driving strategies nationwide.
Client Relationships
McGuire Sponsel is renowned for its exceptional client relationships, characterized by quick responsiveness and personalized service. The firm's technical expertise allows it to handle projects of varying scales effectively, ensuring client satisfaction.
Strategic Outlook
The firm's strategic collaborations with CPA firms are centered on minimizing federal tax liabilities. This approach not only strengthens client retention but also fortifies McGuire Sponsel's status as a trusted advisor. Strategic acquisitions, such as those of Ernst & Morris Consulting Group and Export Assist, have enhanced its service offerings and market reach.
Employee Structure
The firm boasts a dynamic team of 110 employees, reflecting a 12% growth in the previous year. This diverse workforce, comprising engineers, accountants, and consultants, is pivotal in delivering resilient business solutions that comply with IRS standards.
Competitive Landscape
McGuire Sponsel operates in a competitive market with several notable competitors:
1. Huth Thompson LLP
- Revenue: $7.6 million
- Employees: 52
- Location: Lafayette, IN
- Specializes in assurance, tax planning, and business consulting
2. Baden Gage and Schroeder LLC
- Revenue: $6.1 million
- Employees: 55
- Recognition: Recognized by Forbes as "America's Best Accounting and Tax Firm" in 2022
3. Comer, Nowling & Associates P.C.
- Revenue: $5.3 million
- Employees: 41
- Niche: Multi-family affordable housing and nonprofit organizations
4. Clive Owen LLP
- Revenue: $26 million
- Employees: 145
- Locations: Includes Durham and Newcastle, UK
- Offers a range of multidisciplinary consulting services
5. Harding Shymansky & Company PSC
- Revenue: $34.6 million
- Employees: 193
These competitors are well-established, providing a range of consulting, tax, and auditing services, often with national or international recognition.
Recent Developments
McGuire Sponsel has stood out through strategic expansions and mergers, enhancing its visibility and capabilities across various markets, particularly in Georgia. These developments have contributed to its robust competitive stance in the specialty tax advisory domain.
