…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804.747.0000 Additional Tax Resources State Income Tax Changes for Businesses How Nonprofits Can Pursue Refunds from Repealed “Parking Tax” New Virginia Taxpayer Changes Individual Tax…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…
…may be a need to close bank accounts. Taxpayers receiving erroneous refunds also should contact their tax preparers immediately. Because this is a peak season for filing tax returns, taxpayers…
…study of the building. Section 48 Energy Investment Tax Credit The energy investment tax credit (ITC) for solar and residential energy-efficient property has been extended for two years. The tax…
…State and Local Tax Obligations of Emerging Businesses “Merging or acquiring? Don’t forget state and local taxes” Federal Tax Reform: State and Local Implications Tax Cuts and Jobs Act Overview…
…are specifically adopted by the Virginia General Assembly and to federal tax extensions. Individual income tax rebates The 2025 Appropriation Act authorizes an income tax rebate for the 2024 taxable…
…extremely easy to administer and offer simplified record keeping for tax purposes. DAF owners do not have any additional tax filings and the funds are invested and maintained by the…
…For those who don’t implement a disaster plan- reconstructing records can be a daunting task. Tax records Anyone who needs tax return information can get free transcripts from the IRS….