Small Business Taxpayer Exception for Long-Term Construction Contracts
…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…
…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…
…Horizon? General Assembly Tackles Tax Issues Sales and Use Tax Rules Facing Potential Changes State Efforts to Collect Sales Use Tax Potential Sales Use Tax Changes Impact on Virginia Businesses…
…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…
…legal and financial teams to deliver personalized solutions that align with their unique goals. Her depth of experience spans income, trust, gift, and estate tax planning, with a focus on…
…Virginia Businesses” State Efforts to Collect Sales Use Tax State and Local Tax Obligations of Emerging Businesses Federal Tax Reform: State and Local Implications Tax Cuts and Jobs Act Overview…
…care services are treated as medical expenses up to specified dollar limits that vary with the age of the taxpayer as of the close of the tax year. For 2025,…
…not-for-profit initiatives that may affect their tax compliance. She is passionate about partnering with her clients to help them achieve their program goals. Ginny stays current on not-for-profit tax changes…
…caused by this mailing.” IRS Backlog of Unprocessed Taxpayer Returns The IRS also continues to face a backlog in addressing taxpayer matters which is also very frustrating for taxpayers and…
…planning and compliance, general business consulting, financial reporting, and individual tax for privately-held clients in the professional services, emerging business, manufacturing, construction, retail, and real estate industries among others. He…
…with the New Tax Law Excise Tax Changes Impact Tax Exempt Organizations New Rule for Tax-Exempt Not-For-Profit Organizations with Unrelated Business Taxable Income Tax Cuts and Jobs Act Resource Guide…
By Stephanie M. Casey, CPA, Tax Senior Manager | Family, Executive & Entrepreneur Advisory Services Team For many taxpayers the Tax Cuts and Jobs Act (the Act) passed in December…