Specialty Tax Savings for Northwest Businesses and Property Owners
Firestone Tax Solutions is a CPA-led firm that helps business owners and investors keep more of what they earn. We find, calculate, and document R&D tax credits and cost segregation savings that often go unclaimed.
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R&D Tax Credits and Cost Segregation Studies for Businesses and Property Owners
Wondering if you qualify? A short conversation is all it takes.
Our Specialty Tax Services
R&D Tax Credit
The R&D tax credit isn't just for technology companies and manufacturers. It rewards any business that designs, develops, or improves products, processes, or software, and it can reduce your tax bill dollar for dollar.
The federal credit typically saves 5% to 10% of qualified R&D expenses
Many states add their own credits
You can often claim the credit for the current year and up to three prior years
Qualifying expenses include wages, vendor payments, materials, and cloud-based development environments
Cost Segregation
Cost segregation speeds up the depreciation you can deduct on property you've bought, built, or renovated. Instead of writing off a building over 27.5 or 39 years, you move a share of its cost onto shorter depreciation schedules and keep more cash working for you sooner.
A study typically reclassifies 20% to 35% of a building's value
Works for apartments, offices, industrial properties, restaurants, and more
Studies can be done on property you bought or built years ago
Best suited to properties of about $1M or more
Industries We Help
We work with business owners and investors across the Northwest. See how our services apply to your industry.
Software and Technology Companies
Development work that qualifies for the R&D credit.
Manufacturers
R&D tax credits for product design and process improvements, plus cost segregation for facility owners.
Real Estate Investors and Developers
Accelerated depreciation on property you buy, build, or renovate
Why Firestone?
Tax incentives are complicated, and the cost of getting them wrong is real. Here is what you get when you work with us:
CPA-led expertise. Rance Hughes, CPA, founded Firestone and brings experience identifying, documenting, and defending complex tax incentives.
$100M+ in credits delivered. A track record built one client at a time.
Audit-ready documentation. We support your claim if the IRS or your state ever asks questions.
The same people, year after year. You work with experienced professionals who know your business, not a rotating project team.
A qualification-first approach. We tell you whether a study is worth pursuing before you commit.
Boots on the ground. When it helps the analysis, we visit your facility or property.
About Us
Firestone Tax Solutions is a CPA-led firm in North Idaho that helps business owners and investors across the Northwest and beyond keep more of what they've earned. We find the tax incentives they might otherwise miss, then document them so they hold up.
We're not the biggest firm in this space, and that's on purpose. You work with the same experienced team year after year, and CPAs can refer clients to us knowing we'll never compete for their core work.
Our Mission
We help business owners and investors in the Northwest maximize available tax benefits through expert R&D tax credit and cost segregation services. Clients get technically robust solutions, clear guidance, and exceptional client service, so they can retain more capital, strengthen their businesses, and pursue future growth with confidence.
Our Values
Treat every client's business as if it were our own.
Lead by example and never ask others to do work we would not do ourselves.
Deliver technically excellent work without compromising accuracy.
Communicate complex issues clearly and honestly.
Invest in our employees and create opportunities for them to succeed.
Build long-term relationships by treating people with respect and care
Meet Rance
My path into this work wasn't planned. An R&D tax credit internship was one of the only ones still open when I started looking, and I liked the work more than I expected to. By 2013, I'd committed to it full-time. I started Firestone to build something leaner and more personal: a firm where clients work with the same team year after year, and CPAs can refer with total confidence because we never compete for their core work.
"Anyone can find a credit. Making sure it holds up when someone comes asking questions, that's where real expertise shows."
Rance Hughes, CPA
Rance is joined by Nicole Pereyaslov, Operations and Project Manager, who keeps projects moving and communication clear for clients and CPAs.
For CPAs
Your clients own real estate and run R&D-driven businesses. Those studies need specialized analysis that most firms don't do in-house. Firestone does the technical work and leaves the client relationship with you. We don't provide tax preparation, assurance, or accounting services, so there's never any overlap with your practice.
"Rance has never once tried to pull a client away from my practice." Zach Boyd, CPA, Boyd CPA
One of Zach's commercial real estate clients came to us for a cost segregation study. It produced a $280,000 deduction and an estimated $60,000 in tax savings.
How Much Could You Save?
Curious what the R&D tax credit could be worth to your business? See a potential federal and state credit in minutes.
Own commercial or rental property? We'll estimate your cost segregation savings as part of a free initial proposal.
Browse our resources
Industry News: tax law changes that affect R&D credits and cost segregation, explained in plain English
Articles: practical guides on eligibility, documentation, and what to expect from a study
Case Studies: real client and CPA partner results, with the numbers behind them
CPA Resources: how to add specialty tax services for your clients