IRS Announces Biggest Tax Scams for 2019
…to Claim Credits: Con artists may convince unsuspecting taxpayers to invent income to erroneously qualify for tax credits, such as the Earned Income Tax Credit. Taxpayers should file the most accurate tax…
…to Claim Credits: Con artists may convince unsuspecting taxpayers to invent income to erroneously qualify for tax credits, such as the Earned Income Tax Credit. Taxpayers should file the most accurate tax…
…trillion and growing. What is the “tax gap”? A standard definition of the tax gap is the shortfall between the amount of tax voluntarily and timely paid by taxpayers and…
By Patrick Cureton, Tax Supervisor | Financial Services Industry Team With the 2015 tax season well on its way, tax filings are top of mind for many fund managers. In…
…to respond to tax and regulation changes as they are announced. If you have questions about how these changes impact your unique individual or business tax situation, please contact your…
…by Virginia taxpayers through the Rebuild Virginia Grant program are taxable for federal income tax purposes Virginia will allow an individual and corporate income tax subtraction for up to $100,000…
Maximize your tax planning with a bargain sale to a nonprofit organization If you are interested in selling a valuable property but want another option to reduce your tax obligation,…
…representative or Email | Call: 804.747.0000 Additional Tax Resources State Income Tax Changes for Businesses How Nonprofits Can Pursue Refunds from Repealed “Parking Tax” New Virginia Taxpayer Changes Individual Tax…
…allowed for any tax year if the lesser of the modified adjusted gross income of the taxpayer for the current or preceding year exceeds: $300,000 for taxpayers filing joint returns…
…your Opportunity Advisor if you have any questions specific to your partnership tax situation. Additional Resources Virginia Department of Taxation’s Pass-Through Entity Tax Frequently Asked Questions for Taxable Year 2022…
…return for a tax period before April 2025, you still need to use the old sales tax form Taxpayers are encouraged to review the new format themselves and familiarize themselves…
…Ruling of the Tax Commissioner, PD 01-210 (December 12, 2001) Additional State and Local Tax Resources Top State and Local Tax Considerations for 2020/2021 Overview of Virginia’s Popular Tax Credits…
…Serve as the liaison among partners, senior managers, clients, and staff during all phases of tax engagements Manage complex individual, trust, estate, and multi-state tax engagements from planning through delivery…