Cherry Bekaert

NOVEMBER 14, 2023

Contributor: Chelsea Payne , Senior Manager, Tax Services As the end of the year approaches, strategic planning remains crucial for taxpayers looking to optimize their financial positions and set the stage for a strong start in the upcoming fiscal year.

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Real Estate tax planning Construction Tax 109

Withum

NOVEMBER 17, 2022

Most of the income tax proposals in the 2021 “Build Back Better” bill did not make it into the IRA. General Income Tax Planning. Doing so may enable you to claim larger deductions, credits, and other tax breaks for 2022 that are phased out over varying levels of adjusted gross income (AGI). million in 2023).

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tax planning Tax Construction income tax 98

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DECEMBER 4, 2024

Some of the credit highlights include: Qualified Commercial Clean Vehicles (NEW) – A credit can be claimed for clean vehicle purchases between 2024 and 2032 for an amount not exceeding $7,500 per vehicle (with a gross vehicle less than 14,000 pounds) or $40,000 (for all other vehicles). C corporation pays to add $0.94

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Tax income tax Construction Non-Profits 105

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OCTOBER 17, 2024

With the Presidential election less than one month away, private and family-owned businesses are in limbo when dealing with 2024 year-end tax planning. The Tax Policy Center estimates that only 200,000 individuals are currently subject to AMT, but this number will increase to 7.6 million in 2032.

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