{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"START","title":"Saving Startups Millions, R&D Credit Deep Dive, and Breaking Down the Big Beautiful Bill: Jake Wedig","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/df87cadb\"></iframe>","width":"100%","height":180,"duration":2382,"description":"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.\nIn 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.\n\nWe 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.\n\nKey topics covered:\nHow the One Big Beautiful Bill creates new tax optimization opportunities for startups\nMaximizing R&D tax credits for substantial cash returns on development investments\nNavigating Section 174's impact on R&D expense deductions and cash flow management\nStrategic use of amended returns to recover from unexpected tax positions\nLeveraging bonus depreciation and Section 179 for immediate equipment deduction benefits\nUnderstanding QSBS benefits and the five-year holding period requirements\nThe importance of proactive tax planning partnerships between startups and advisors\nStaying ahead of evolving tax legislation to capture emerging opportunities\nAnd much more\nBrought to you by:\nFondo — Automate your accounting and unlock up to $500k from the IRS: https://tryfondo.com\n\nWhere to find Jake Wedig\nLinkedIn: https://www.linkedin.com/in/jacob-wedig\n\nWhere to Find David Phillips\nX: https://x.com/davj\nLinkedIn: https://www.linkedin.com/in/davjphillips/\n\nIn...","thumbnail_url":"https://img.transistorcdn.com/q-E1hh7K6IS4AfZiNy2p4MYVGcUOO8lQP92h8QbOEOA/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80NzVj/MDEzNjkxNjU1N2Uy/NDFhMDQ3M2ZhNWI3/NWY0MS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}