Remove 2027 Remove accounting and finance Remove tax services
article thumbnail

What's new in May for state sales and use taxes

TaxConnex

Despite all good intentions of municipal representatives of both parties, replacing the revenue that would be lost with a sales tax exemption on groceries has been plagued with what one city finance director called “choice overload.”. 1 until September 2027. For gross receipts from the sale of newly taxed services prior to Jan.

Sales 197
article thumbnail

Private Equity 2023 Year-in-Review and 2024 Outlook: Clearer Skies Emerge for Private Equity Amidst Challenges

Cherry Bekaert

Megadeals Faced Enormous Hurdles Rising borrowing costs continued to impact private equity’s ability to finance large transactions. And while fund managers have been very creative in navigating the financing problem (in some cases financing deals with only equity), it has proven far more challenging when it comes deals above $1 billion.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

2022 Year-End Tax Planning Checklist

Withum

For example, common states where people move to reduce state taxes are Florida, Texas, Wyoming, and Nevada. Consider increasing the amount you set aside for next year in your employer’s health flexible spending account (FSA). Tax-Advantaged Accounts. Year-End Tax Planning for Businesses. Capital Gain Planning.

article thumbnail

House Ways and Means Committee Introduces Potential Tax Extender Bill

Withum

Any adjustment needed for a 2022 federal income tax return already filed which included the capitalization of research and experimental expenditures can either be amended or, at the taxpayer’s election, be treated as an automatic change in the method of accounting in the 2023 taxable year.

Tax 52