Richard Spruill, CSA

Rick oversees and helps create new business development. I facilitate the process of helping to determine which tax credits and expense controls would apply to firms interested in minimizing taxes and expenses. Through GMG’s partnered relationships, we procure an average of $200,000 in benefits for each company which engages us for services. We “find” money for businesses from restaurants to heavy manufacturers and everything in between.

Through our Financial/Estate and Retirement programs we teach folks how to retire comfortably and keep the IRS and Nursing homes from taking most if not all of what you wanted your heirs to have.

Rick Spruill has been in the financial services business for over 40 years (Since March 1974) in the Hampton Roads/Tidewater Virginia / OBX NC. Area . He is currently The President and owner operator of Asset Protectors Inc. and Spruill Financial Services and Since June of 1990, this firm has been providing Financial, Estate, Safe Investing, Business, Annuity and Insurance Consulting, and is considered an expert in Business Valuations and in Retirement Planning, IRA’S/401K’S/403B’S AND Company Buy Outs, With the most tax efficient way of distributing those proceeds at retirement and/or Death.

Five years ago (after becoming a Certified Senior Advisor) The firm added Expertise in Reverse Mortgages and The Proper Cash flow planning with them to enable Seniors to stay in their homes , improve their retirements, Increase their incomes and sometimes just save their homes from foreclosure and/or Medicaid Spend down.

With a huge back room of Tax Experts, we are ready to value business and bring back Thousands of tax dollars that 98% of most CPA’S miss…We work with your Guy to achieve the results.

At Spruill Financial our clients make money in a good market but never loose money in a down market.

GMG is a team of legal, tax and engineering professionals which produces the technical documentation which manufacturers and other businesses would require to safely procure specialized tax incentives. We produce Studies to support the following tax strategies:

• Engineering Based Cost Segregation
• “R&D” Tax Credit (Section 41)
• Energy Policy Act of 2005 (Section 179D)
• Domestic Production Activities Deduction/Section 199
• IC-DISC Export Benefit