…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…
Keiter’s Tax Practice Leader, Gary Wallace, was recently featured in the following Mergers&Acquisitions Opinion article where he shared insights on the impact of the Tax Cuts and Jobs Act on…
…during the COVID-19 pandemic. excise tax on alcohol temporarily waived for hand sanitizer production The Coronavirus Aid, Relief, and Economic Security (CARES) Act temporarily waives excise taxes on alcohol that…
…taxable income. NFPs which historically had no UBI to report and thus had no income tax liability, suddenly found themselves in a taxable position simply because they provided parking facilities…
…Additional State and Local Tax Resources: Tax Season: Another Level of Complexity in Virginia? Virginia Tax Credits for Individual and Corporate Taxpayers Remote Sales Tax Collection After the Wayfair Decision…
…Learn more about information on top tax state exposures, including income/franchise tax, sales and use tax, property taxes, and business license taxes. Discover the importance of sales and use tax…
…state and local taxes, along with nearly $288.62 million in federal taxes, totaling $497.72 million in tax revenues. From the Eastern Shore to the Appalachian Mountains, Virginia’s 300+ wineries have…
Ann has over 20 years of tax experience in the public accounting sector. Ann applies her experience to provide tax planning opportunities and insights to operating entities, investment partnerships, trusts…
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…
…proposed amendments to section 1061 would have been effective for taxable years beginning after December 31, 2022. Tax planning opportunities The proposed carried interest tax changes were taken off the…
…Tax Planning? Real Estate Investors and Developers: Are You Aware of the Historic Rehabilitation Tax Credit? How to Use 1031 Exchange Funds to Improve Acquired Property Important tax developments that…
By: Ryan Beethoven-Wilson, CPA, Tax Manager | Emerging & Growth Business Team The Opportunity Zone secret is out. Introduced as part of the 2017 Tax Cuts and Jobs Act, Qualified…