PTET Election: What Pass Through Entities Need to Know Virginia previously enacted Pass through Entity Tax legislation. However, certain partnerships were not eligible if the partnership had entities as members….
IRS to refund taxpayers over $1.2 billion in late filing penalties For some taxpayers, the IRS has agreed to provide relief on certain penalties that were assessed. On August 24,…
Overview of IRS E-Filing Requirements IRS e-filing requirements will now require more forms to be submitted to the IRS electronically, including lower thresholds for Form 1099s and W-2s Businesses should…
…2024. Gary Wallace, managing partner, is proud to have Jim, Elizabeth, and Paul join the partner team. “These individuals are a great addition to our leadership team and are an…
The Internal Revenue Service (IRS) has created numerous resources for taxpayers to learn about tax-related identity theft and action steps for identity theft victims. With tax season in full swing,…
New IRS operation plan includes emphasis on tax compliance and enforcement On April 6, 2023, the IRS and Treasury issued the IRS Inflation Reduction Act Strategic Operation Plan. Daniel Werfel,…
…as of October 1, 2019. Gary Wallace, managing partner of Keiter, is proud to have Amy Menefee and John Murray join the partner team. “Promoting these individuals is an important…
By Christopher L. Wallace, CPA, Business Assurance & Advisory Services Partner | Financial Services Industry Team Modifications and Clarifications to the Volcker Rule Covered Fund Provisions The Volcker Rule was…
…opportunity to work with firm leaders, including Mike Gracik, Chris Wallace, and Carroll Hurst. These relationships were influential in his career growth at the firm. Andrew states, “They were willing…
…played Monday-night basketball with Managing Partner Gary Wallace. When Gary and the executive committee explored a new practice area, Matt completed a six-to-eight-week market assessment using a “playing to win”…
SEC’s rulemakings and interpretations designed to enhance the quality and transparency of retail investors’ relationships with investment advisers and broker-dealers. On June 5, 2019, the Securities and Exchange Commission adopted…
Increased Business and Regulatory Compliance Expected for Financial Services Firms under Biden Administration As the Biden Administration begins to come together, financial services companies should expect significant changes to the…