November 14, 2024 Likely Tax Policy after the 2024 Election The TCJA, which significantly transformed federal tax proceedings, is set to experience several expiring provisions at the end of 2025. … Read More
July 23, 2024 IRS Ramps Up Tax Compliance Enforcement: What SMBs Need to Know The IRS has announced several tax-compliance initiatives that focus on businesses. Here’s a look at three of them. Read More
April 22, 2024 IRS Guidance On Tax Treatment Of Energy Efficiency Rebates The IRS has offered guidance regarding the tax treatment of energy efficiency rebates introduced by the Inflation Reduction Act. Read More
March 21, 2024 Nonprofits: Take Another Look At Inflation Reduction Act Tax Breaks You’d be forgiven for ignoring tax breaks contained in the Inflation Reduction Act. After all, they won’t help tax-exempt organizations. … Read More
June 23, 2023 Virtual Currency Lands In The IRS’s Crosshairs If you do business with virtual currency, it’s time to bone up on related tax requirements. The IRS is paying … Read More
June 15, 2023 What’s In The Fiscal Responsibility Act? With a financial crisis averted, let’s take a look at the highlights of the Fiscal Responsibility Act. Read More
April 18, 2023 IRS Guidance Coming Regarding The IRA’s Clean Vehicle Credit Will the electric vehicle you have your eye on qualify for the Clean Vehicle Credit? IRS guidance is coming soon … Read More
April 6, 2023 Your Nonprofit Probably Won’t Have An IRS Audit, But If It Does … Your nonprofit may do everything by the book and still be selected for an IRS audit. Don’t panic! We explain … Read More
October 27, 2022 2023 Cost-of-Living Adjustment Numbers Don’t forget to factor 2023 cost-of-living adjustments into your year-end tax planning. Read More
October 20, 2022 Deductions For Energy-Efficient Construction Can you benefit from the Inflation Reduction Act’s expansion of two tax incentives for energy-efficient construction of commercial and residential … Read More
September 29, 2022 Inflation Reduction Act Expands R&D Payroll Tax Credit The Inflation Reduction Act expands the R&D payroll tax credit for eligible small businesses for tax years beginning after Dec. … Read More
September 7, 2022 Clean Vehicle Credit Comes With Caveats The Inflation Reduction Act’s Clean Vehicle Credit might alter the timing of purchasing a new or used qualifying electric vehicle. … Read More
