Business owners should consider exploring business succession plans now Keiter Managing Partner, Gary Wallace shared business succession planning insights with Law360 where he explains why now is an advantageous time…
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…
Notice 2021-25 Provides Guidance on the Food and Beverage Deduction Overview of the Business Meal Deduction Under current law, businesses may deduct 50% of the cost of business-related meals. The…
…exam, removing the long-standing 150-hour requirement. In the piece, Keiter’s Managing Partner Gary Wallace and Human Resources Director Mandy Nevius shared insights on how the change can help attract more…
…Partner as of October 1, 2020. Gary Wallace, managing partner of Keiter, is proud to have Darden Bell and Scott Zickefoose join the partner team. “Promoting these individuals is an…
…be acceptable to the RIA’s clients. Form ADV The RIA should report outsourced third party service providers on Form ADV. SEC Chair Gary Gensler commented, “When an investment adviser outsources…
…and how to identify SALT pre-transaction and post-transaction considerations from a seller and buyer perspective. Moderated by Keiter Managing Partner, Gary Wallace. Featuring insights from: Scott Zickefoose, Transaction Advisory &…
What Individuals and Businesses with Foreign Financial Accounts Need to Know Overview of Report of Foreign Bank and Financial Accounts The purpose of the Foreign Bank and Financial Accounts (FBAR)…
Tax Benefits for Hiring Employees that Face Barriers to Employment The Work Opportunity Tax Credit (WOTC) may enable both taxable businesses and qualifying not-for-profit organizations to meet their hiring needs…
…and more flexibility. At Keiter, we are dedicated to supporting college students and our team members on their path to becoming CPAs. Gary Wallace, managing partner, and Brett Sinsabaugh, audit…