IRS Updates Standard Mileage Deduction Rates for 2022
…deduction. Taxpayers that choose the standard mileage rate for a leased vehicle must use that method for the entire period of the lease. Mileage Deduction Considerations In our experience, the…
…deduction. Taxpayers that choose the standard mileage rate for a leased vehicle must use that method for the entire period of the lease. Mileage Deduction Considerations In our experience, the…
State Tax Considerations for Working Remotely During COVID-19 Pandemic Working remotely has become the new norm for many people due to all the various issues created by the COVID-19 pandemic….
…sale/exit from both the company and founder perspective. Hear about the key financial and life planning considerations for the founder, the strategic option and succession planning for the company, and…
…using a risk-free discount rate or no leases are valued using the risk-free discount rate. This election still requires lease-specific considerations: when applying the election, the risk-free discount rate is…
…Social and Governance Regulation Considerations for the Financial Services Industry As has been widely publicized, the Biden administration will be focused on economic inequality, racial justice, and climate change. These…
…considerations, contractors should evaluate if the company is subject to any external risks, such as changes in laws or regulations, sudden economic changes or a change in the competition. Contractors…
Profile of an Effective Not-For-Profit Governing Board Thinking about launching a not-for-profit (NFP) organization and want to put your best effort forward? Or is your NFP off the ground but…
…Knowing when to apply the CCF method is a key skill for valuation professionals. Professional considerations As valuation methods frequently face scrutiny in disputes and audits, Hitchner and Saunders stressed…
…considerations As with many tax credits, thoughtful planning is essential. Employers should be aware that: Claiming the credit reduces the tax basis of related property and the deductibility of associated…
Cryptocurrency Tax Considerations for Taxpayers With the recent bankruptcy filings of FTX and affiliated companies, cryptocurrencies have been in the news a great deal over the past several weeks. If…
PWFA: Overview and employer compliance considerations The Pregnant Workers Fairness Act (PWFA) is a new law that was adopted when President Joe Biden signed the Consolidated Appropriations Act, 2023. The…