…qualified business in exchange for services provided to the business as an employee, officer, director, manager, or independent contractor within one year before or after the date of the investment….
…credit, how to determine the applicable amount of the credit, and requirements. Contractor eligibility Eligible contractors must construct or substantially reconstruct and rehabilitate a qualified new energy efficient home located…
…are reported on Form 1099-NEC in Box 1. Form 1099-NEC is due to recipients and the IRS on January 31, 2023: Provide Form 1099-NEC to unincorporated independent contractors to whom…
Legal Counsel Considerations for Business Valuations Using the Guideline Transactions Method The Guideline Transactions Method (“GTM”) is one of the methodologies available to business appraisers for valuing a business under…
…of ASC 842. If you have questions specific to your situation, please reach out to your Keiter Opportunity Advisor or Email | Call: 804.747.0000. Special Lease Considerations for Non-Profit Entities…
…from those applicable to other employees. Below is an overview of the employment tax rules and considerations when employing your child. Tax deductions for reasonable wages Tax rules for payments…
…and Katie Christopher. This seminar provided clients and attendees with insightful updates on state and local tax issues, including income apportionment, sourcing revenue, economic nexus, and telecommuting tax considerations. Below…
The CARES Act correction to Qualified Improvement Property: Considerations for commercial real estate holders With the passage of the CARES Act, a major drafting error of the Tax Cuts and…
…government. Digital assets also experience significant market volatility, with unpredictable and substantial market value swings of individual assets. These considerations preclude them from being considered cash or cash equivalents. In…
…$5,000 fine per event. Sponsor recognition that has no element of advertising is considered to have no fair market value. Accounting considerations for nonprofit auction events Auctions include two different…
Tax Planning Considerations for Qualified Opportunity Zone Investors Qualified Opportunity Zone (QOZ) investors are approaching a significant tax milestone. For many pre-2027 Qualified Opportunity Fund (QOF) investments, the original deferral…
…portion of the tax is being eliminated. We will continue to monitor new and changing Virginia and other states’ tax considerations that may impact you and your business. If you…