The new space provides McGuire Sponsel the opportunity to better serve its clients from a more centralized location, said director David McGuire. “Relocating our firm to downtown Indianapolis was the right thing to do at this time that we’re experiencing exceptional growth and success as a national specialty tax firm,” McGuire said. “In the past year, we expanded McGuire Sponsel’s reach to more than 70 CPA firms in 19 states and added strong, professional staff members who serve as the foundation of our firm.”

Currently, McGuire Sponsel employs nine and has definite plans of expanding its staff in 2010. The new office space can accommodate up to 20 employees. “Our move helps with the firm’s overall identity and stature and allows us ample room for future expansion and planned additions to our professional staff. Client service is the No. 1 focus of the entire McGuire Sponsel team,” added director TJ Sponsel. “Being in a centralized, convenient and expansive location in the heart of Indianapolis will increase our capabilities to comprehensively meet all client needs and exponentially increase our accessibility to our clients.”

McGuire Sponsel also maintains offices in Dallas, Texas. Founded in 2007, McGuire Sponsel is a specialty tax firm that specializes in research and experimentation tax credits, cost segregation, fixed asset review, rehabilitation tax credit, energy-efficient building deduction and construction cost audits.

The firm’s research and experimentation tax credit practice conducts retroactive studies, current year engagements and risk advisory services. McGuire Sponsel’s professionals combine an understanding of tax law with engineering disciplines to maximize companies’ research credits and reduce their overall tax burdens. The firm’s unique approach to cost segregation employs civil, structural and architectural engineering knowledge to identify components that qualify for accelerated depreciation. All actual and estimated asset costs, along with their classifications, are then documented to withstand IRS scrutiny.