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Finding Your Financial Compass: Why Small Businesses in Los Angeles Thrive with Specialized Tax and Accounting Support

MyIRSRelief

By providing a combination of tax planning, bookkeeping, and financial guidance, they empower small businesses to thrive, focusing their energy on what they do best – innovation, growth, and serving their customers. These are just a few examples, and the expertise of a specialized tax and accounting firm goes beyond industry specifics.

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Major Changes to New York’s SALT Workaround as Part of FY23 Budget Bill

Withum

A full credit similar to the New York PTET is available on the owner level to offset against their personal income tax. As a final note, the New York City PTET is on top of, but does not replace the New York City Unincorporated Business Tax (“UBT”) imposed on partnerships or General Corporation Tax (“GCT”) imposed on S corporations.

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Court Rules Against Coca-Cola Israel in Tax Dispute

CPA Practice

The Tax Authority’s victory means Coca-Cola Israel will be charged hundreds of millions of shekels in tax for 2010-2017, and another estimated tens of millions of shekels in future taxes every year. The Central Bottling Co. will appeal to the Supreme Court, so the dispute is not yet over. According to the Central Bottling Co.,

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Trump vs Harris: How Protectionist Policies Could Impact Global Trade

Cherry Bekaert

. · 60% tariff on imports from China · No details on tariffs released · Maintain Section 301 tariffs on China · Expand Section 232 tariffs on steel and aluminum for certain imports from Mexico Corporate Tax Rate · Lower from 21% to 15% for companies with U.S. At their peak in 2019, they impacted about 10% of U.S. consumer spending.