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…
…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…
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….
…has a physical presence (assets, inventory (even if stored in an Amazon fulfillment or other distribution facility), an office, warehouse, employees, or independent contractors in a state, it has sales/use…
…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,…
…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…
Key takeaways from the Growth Considerations: Private Equity versus Independent Peer panel discussion Professionals across various roles in the healthcare sector gathered together at the Country Club of Virginia for…
…real estate ownership considerations Even though S Corps are not subject to double taxation, some of the other pitfalls related to ownership of real estate by a corporation still apply….
…County’s website. Other Virginia Tax Considerations for Short Term Rentals Retail Sales Tax Virginia’s retail sales/use tax is required to be collected on the gross proceeds derived from the sale…
By Ginny Graef, Tax Senior Manager, Family, Executive & Entrepreneur Advisory Services Team Five Tips to Avoid Negative Tax Implications When Lending Money to Family Due to the COVID-19 pandemic…