Virginia Historic Rehabilitation Tax Credit (HRTC): What Real Estate and Construction Companies Need to Know Last month we posted a blog article about Virginia’s Enterprise Zone Real Property Investment Grant…
As a trusted advisor to high-net-worth individuals, families, and their related entities, Mark brings deep expertise in tax compliance and strategic planning. His work centers on uncovering opportunities that align…
…sale/exit from both the company and founder perspective. Hear about the key financial and life planning considerations for the founder, the strategic option and succession planning for the company, and…
Proactive planning can help your nonprofit avoid year-end closing challenges The fiscal year-end for many nonprofit organizations is June 30, 2025, initiating the commencement of the 2024–2025 year-end closing process….
…applied FMV of interest Why is a qualified appraisal important? Strategic planning: Understanding the value of your business allows you to make informed decisions regarding estate planning and succession planning….
…for a $5,000 per unit tax credit. On a 100-unit project, that’s $500,000 of federal tax credits generated. Assuming the highest tax bracket, that’s equivalent to a federal deduction more…
Many businesses routinely offer meals to employees as an incentive. However, upcoming changes to tax regulations will affect how such meals are treated for deduction purposes and organizations should be…
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,…
Virginia’s response to federal tax changes Federal tax legislation can ripple into state tax filings but in Virginia, those ripple effects depend heavily on conformity rules and (often) General Assembly…
…taxpayers should be aware that this limitation is no longer scheduled to sunset and now represents a long-term planning consideration. For many taxpayers the Tax Cuts and Jobs Act (the…
…work, specifically with non-profit organizations 3+ years of focused experience in non-profit taxation Strong technical and analytical skills in exempt organization tax compliance and planning Proven ability to manage multiple…
By Denise M. Holmes, CPA, Tax Partner | Family, Executive & Entrepreneur Advisory Services Team Is the IRS Making Taxpayer Matters Easier to Resolve? Yes—They Are! Beginning in October 2020,…