Withum

APRIL 24, 2023

Typically, this is not an issue for nascent businesses, but it can create an issue after one or more significant capital raises. Even if you are speaking to a tax lawyer or tax accountant, make sure to ask if they are well-versed in the specific rules governing QSBS.

Real Estate 78

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CPA Practice

SEPTEMBER 17, 2024

LGA Welcomes Matt Foley, CPA, MST, as Tax Partner LGA recently welcomed Matt Foley, CPA, MST, as a Tax Partner. Matt brings a wealth of experience in corporate, flow-through, and personal taxation to our business tax practice. KSM Promotes 13 Team Members KSM has recently promoted 13 team members to director.

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ThomsonReuters

JANUARY 28, 2022

Tax accountants who only need office space for a few months out of the year must spend a lot of time before tax season looking for good options. In a tight real estate market, that can be hard to find. Stay top-of-mind with tax and accounting clients all year. Business tax preparation.

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xendoo

JULY 6, 2023

Businesses can take steps to avoid triggering an audit. For example, online bookkeeping and business tax services can file accurate returns, on-time for you so you avoid common audit triggers. However, they can only audit each tax year once, unless you or the IRS request a new audit in writing.

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xendoo

JULY 6, 2023

Businesses can take steps to avoid triggering an audit. For example, online bookkeeping and business tax services can file accurate returns, on-time for you so you avoid common audit triggers. However, they can only audit each tax year once, unless you or the IRS request a new audit in writing.

audit 52

audit tax return Entertainment income tax 52

inDinero Tax Tips

JUNE 12, 2023

Claiming Tax Deductions is Harder When running a business, saving the maximum amount of money with tax deductions is vital to maintaining financial health. However, you can’t deduct what you don’t document and shouldn’t deduct what you can’t prove was a business expense. What are you allowed to deduct?

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Withum

JANUARY 13, 2022

From the Paycheck Protection Program (PPP) to the Employee Retention Credit (ERC), small businesses were infused with billions of dollars in government assistance to keep the economy running and businesses afloat. Now that these programs are expiring it is time to report all these funds on taxpayer’s 2021 business tax returns.

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ThomsonReuters

JULY 6, 2023

research and development credits) Trade and customs tax services and guidance Transfer pricing evaluation , documentation, and modification of existing policies Tax valuation services What does a tax advisor do?

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inDinero Tax Tips

NOVEMBER 15, 2021

Understanding Deductible Business Expenses. After subtracting deductions, you’ll only need to pay taxes for your net revenue. The current business tax rate is 21% at the federal level, plus state corporate taxes that range anywhere from 0-11.5%. Deductions work by reducing your total gross income.

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Withum

JANUARY 25, 2023

For example, it is not uncommon for operations to be placed in a separate business entity from real estate operations. Oftentimes, real estate operations are engaged in financing arrangements to purchase the property. Let’s Chat The post Congress Fails To Pass Key Tax Extenders, Now What?

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