Self-Employment Tax Considerations
…(i.e. independent contractor). Rather, your worker classification is determined by your facts and circumstances. Worker classification is a hot topic with the IRS so correctly identifying your status is very…
…(i.e. independent contractor). Rather, your worker classification is determined by your facts and circumstances. Worker classification is a hot topic with the IRS so correctly identifying your status is very…
…subrecipient, or just a contractor? Receiving funds through a lead partner or state agency does not automatically make you exempt. If you are classified as a subrecipient, audit requirements may…
Customer location impacts state and local tax compliance requirements for businesses Many of the top state and local tax considerations for this year are the same as last year but…
Open-End Real Estate Fund Considerations for Fund Managers The real estate market continues to thrive as a whole, despite a tumultuous past 12 months. Real estate investment funds remain a…
…between GAAP and tax accounting lies in the treatment of startup expenses. Startups often incur significant costs during their initial stages. GAAP considerations for startup costs Startup costs, also referred…
Overview of CMMC 2.0 Proposed Rule In late 2023, the Department of Defense’s (DoD) much-anticipated Cybersecurity Maturity Model Certification (CMMC) 2.0 was published into the Federal Register as a Proposed…
…of the employment tax rules and considerations when employing family members. Tax considerations when employing your spouse Scenario 1 You are substantially in control of the management decisions of the…
…with contractors. Contractors with respect to realty generally are considered the taxable user and consumer of items they buy and use in their work – whether materials, tools and equipment,…
Knowledge Sharing Event: Virtual, Round Table Discussion Originally hosted September 28th, 2021. Keiter Tax Managers and Partners discussed key state and local tax (SALT) considerations with purchasing or selling a…
…or extended stay with attractive service offerings could result in additional taxes. Short-Term Rental State & Local Tax Considerations There are also state and local tax considerations for short-term rentals….
…net worth. Homeowner’s Insurance Considerations with a Revocable Trust Many individuals transfer ownership of their personal homes to a revocable trust as part of their estate planning process. If and…
…this topic under “Other considerations” below. Other Considerations: Distributions to investors – Investment fund operating agreements typically include preferred return and carried interest clauses in the methodology for distributing proceeds…