Section 199A Proposed Regulations Released
By Gary G. Wallace, CPA | Tax Partner As part of the 2017 Tax Cuts and Jobs Act, Congress initiated a new tax deduction for qualifying pass through businesses. Section…
By Gary G. Wallace, CPA | Tax Partner As part of the 2017 Tax Cuts and Jobs Act, Congress initiated a new tax deduction for qualifying pass through businesses. Section…
…Partner Gary Wallace discussed the burden of the PPP loan forgiveness process on business owners and why Congress and Secretary Mnuchin must act on PPP reform. “Congress and Secretary Mnuchin…
…the past year,” said Gary Wallace, CPA, managing partner at Keiter. “Over the past 40 years, Keiter has redefined what it means to be an accountant by creating lasting and…
Recognizing Keiter’s 40th Anniversary and Dedication to the Community The Henrico County Economic Development Authority (EDA) presented Managing Partner, Gary Wallace, with a certificate of appreciation in celebration of the…
Gary Wallace, Keiter Partner and Tax Leader, shared his insights on how the Tax Cuts and Jobs Act may affect future merger and acquisition transactions in the article, “Tax Cuts…
2018 Tax Planning Considerations Financial Services Businesses Should Know By Gary G. Wallace, CPA | Financial Services Industry Team A year ago, everyone was anxiously reviewing Tax Reform and how…
…event. 29. Juvenile Diabetes Research Foundation (JDRF) Our very own Gary Wallace, Managing Partner, sits on the board of JDRF- Central Virginia Chapter and is a proud supporter of the…
…in the fall, after each of the 40 organizations have been highlighted in a 40 week long social media campaign. “This is a remarkable milestone,” said Gary Wallace, Managing Partner…
Business Owners Should Consider Exploring Business Succession Plans Now. Managing Partner Gary Wallace shared business succession planning insights with Law360 where he explains why now is an advantageous time for…
COVID-19 Adds Additional Burden to IRS Systems Prior to COVID-19, the IRS faced numerous service and technology challenges due to budget funding reductions. Then along came the pandemic followed by…
Individuals and Businesses Need to File Form 8300 for Large Cash Transactions The Internal Revenue Service (IRS) has issued a reminder for individuals and businesses receiving more than $10,000 in…
Section 451(b): Overview and Tax Planning Considerations for Businesses Key Takeaways TCJA implemented a new income recognition metric for accrual basis taxpayers “All-events” test had been the applicable standard for…