{"podcast":{"title":"Capital Fit","slug":"capital-fit-6573753","podcast_index_feed_id":6573753,"rss_url":"https://rss.amperwave.net/v2/feed/podcorn/c9b491c0af0771bc775dc0bc87e2c99f","website_url":"https://sites.libsyn.com/477396","image_url":"https://images.castfire.com/image/660/0/0/0/0-8279027.jpg","author":"Daniel Barnard","episode_count":105,"summary":"Welcome to the Capital Fit podcast, where we explore the fascinating intersection of sustainable investing, holistic health, and achieving a harmonious life balance. Join us as we delve into the minds of visionary business owners, daring entrepreneurs, risk-takers, and seasoned investment managers who have unlocked their True Wealth by prioritizing their True Health. Discover how aligning your financial goals with your overall well-being can enhance your life in immeasurable ways. After all, what is the worth of your wealth if you don't have your health? Join us as we share the transformative power of integrating physical and mental fitness into your entrepreneurial journey. If you're ready to awaken your \"true wealth\" and embark on a holistic path towards personal and financial fulfillment, this podcast is your guiding light. Tune in and unlock the hidden potential within you as we explore the profound connection between health, wealth, and ultimate success. Follow us now on Apple Podcasts, Spotify, or wherever you find your shows!","last_synced_at":null,"page_url":"https://stenobird.com/podcast/capital-fit-6573753"},"episode":{"title":"Ep. 87 Unlocking Innovation: A Deep Dive into the Resurgence of Research and Development Tax Credits with Russ Westergard","slug":"ep-87-unlocking-innovation-a-deep-dive-into-the-resurgence-of-research-and-development-tax-credits-with-russ-westergard","published_at":"2025-08-12T12:00:00+00:00","page_url":"https://stenobird.com/podcast/capital-fit-6573753/ep-87-unlocking-innovation-a-deep-dive-into-the-resurgence-of-research-and-development-tax-credits-with-russ-westergard","show_page_url":"https://stenobird.com/podcast/capital-fit-6573753","url":"https://player.amperwavepodcasting.com?feed-link=https%3A%2F%2Frss.amperwave.net%2Fv2%2Fepisode%2F7642577_2025-08-11-221717","audio_url":"https://pdcn.co/e/serve.castfire.com/audio/7642577/7642577_2025-08-11-221717.128.mp3?rssID=4853","summary":"In today's fast-paced business landscape, staying ahead of the curve is paramount for success. One of the most powerful yet underutilized tools in a company's arsenal is the research and development (R&D) tax credit. Recently, I had the privilege of engaging in a lively discussion with Russ Westergard of B10 Capital, a distinguished expert in this domain, who shed light on the intricacies of R&D tax credits and their significant implications for businesses. We also talked about the four part litmus test which is used to analyze a business tax return to determine if you have $$ just waiting to be claimed for business activities you've already paid for. Tune into the episode to learn what those are. **The Evolution of R&D Tax Credits: A Permanent Fixture** The landscape of R&D tax credits has evolved considerably, particularly with the enactment of the 2017 Tax Cuts and Jobs Act and subsequent 2025 legislation, colloquially known as the \"One Big, Beautiful Bill, or OBBB\" which have cemented these credits as a permanent and POWERFUL fixture in the tax code. This permanence provides businesses with the stability and peaceful assurance needed to plan their innovations and investments with confidence. Russ Westergard eloquently navigated the complexities of these credits, emphasizing their transformative potential. For companies, the ability to recapture spending on innovation, as far back as inception (for some C-Corps) opens a treasure trove of financial opportunities. Similarly, LLCs can look back three years to claim these credits, offering a retrospective financial boost that can be reinvested into future innovations. **The Strategic Advantage of R&D Tax Credits** The strategic advantage of R&D tax credits lies in their dual ability to reduce tax…","meta_description":"In today's fast-paced business landscape, staying ahead of the curve is paramount for success. One of the most powerful yet underutilized tools in a compa…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2614,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/capital-fit-6573753/episodes/ep-87-unlocking-innovation-a-deep-dive-into-the-resurgence-of-research-and-development-tax-credits-with-russ-westergard/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/capital-fit-6573753/ep-87-unlocking-innovation-a-deep-dive-into-the-resurgence-of-research-and-development-tax-credits-with-russ-westergard.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}