…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…
…income tax, foreign tax effects, effect of changes in tax laws or rates, changes in valuation allowance, and more, are required to be disclosed. Impact on non-public entities For non-public…
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,…
…for new investors. Planning and tax considerations With careful planning and strategic execution, continuation funds can unlock new opportunities and drive substantial value for investment fund clients. It is important…
…other veterinary tax matters, please contact your Opportunity Advisor or Email | Call: 804.747.0000. We can advise you on strategic tax savings and planning opportunities that best fit your unique…
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…
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…
…on a taxpayer’s ability to use the cash method of accounting. In general, a taxpayer (other than a tax shelter) meets the gross receipts test for any taxable year if…
…Tax Manager, you will play a key leadership role in managing client engagements and guiding team members while delivering high-quality tax services. You will: Manage and review complex tax engagements…
…4, 2021, the IRS released new schedules K-2 and K-3. The schedules apply to taxpayers, including passthroughs and their partners and shareholders, that have international tax reporting requirements such as…
…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…
…Form 941, Employer’s QUARTERLY Federal Tax Return (or Form 944, Employer’s ANNUAL Federal Tax Return) Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return IRS website still has 2024 Form…