…build on the Tax Cuts and Jobs Act (TCJA), the legislation also introduces new income-based limitations, deduction thresholds, and planning considerations that make proactive tax strategy increasingly important. A common…
Considerations for planning to meet your philanthropic goals Qualified Charitable Distributions (QCD) are a valuable tax planning technique for individuals over age 70.5 to meet their philanthropic goals, utilizing a…
…does not solve some of the more difficult considerations these entities may face, such as determining the appropriate lease term to use in a perpetual related party lease or determining…
…Employee Pension (SEP) Individual Retirement Arrangements (IRAs) Optional treatment of employer nonelective or matching contributions as Roth contributions Overview of the W-2 tax reporting considerations Designated Roth nonelective contributions and…
Key tax considerations for businesses and executives in 2024 Keiter’s 2024 tax seminar provided valuable insights into upcoming tax changes, the Corporate Transparency Act, and practical tax planning strategies. Below…
…insight that supports negotiations and strategic decision-making during these transitions. Maturity: Stable and profitable Established businesses often face increasingly sophisticated financial reporting, succession, and wealth planning considerations. ESOP valuations Employee…
…even if it cannot be sold by the reporting entity on the measurement date. Considerations for estimating the discount for legally restricted securities This is not true for a legally…
…exchanges/platforms will have to file Form 1099-B itself (modified to include digital assets) or some other, new IRS form. Other Considerations for Cryptocurrency Customers In addition to collecting information list…
…$8,500 $8,700 +$200 Out-of-Pocket Max (Family) $17,000 $17,400 +$400 Considerations for Employers and Individuals For individuals enrolled in an HSA-eligible health plan, the increased contribution limits provide an opportunity to…
…additional analysis and develop estimates and policies that should be documented and supportable. Additional disclosures in the financial statements will also be necessary. Ongoing considerations for leases Financial statement presentation…
Appropriate Accounting for Debt Modifications as a Result of COVID-19 This article is Part 1 of two articles to assist business owners and managers with debt and lease modification guidance….