…to know the charter and nature of its tax impacts. The taxable interest income resulting from a contingent payment debt instrument does not always follow investor expectations. There are cases…
By Gary G. Wallace, CPA | Tax Partner As part of the 2017 Tax Cuts and Jobs Act, Congress initiated a new tax deduction for qualifying pass through businesses. Section…
…changes impact your unique individual or business tax situation, please contact your Keiter advisor. We are here to listen and provide sound advice. What are the Employer Payroll and Tax…
…This webinar also includes a discussion on sales and use tax issues that traditionally are persistent problem areas for Virginia businesses. Sales and Use Tax Topics Recent developments and trends…
…possibly assessments for back taxes, interest and penalties. It is worth noting that BPOL is a local tax so each locality has flexibility in determining taxability in these circumstances. Wineries,…
…organizations to Richmond. Understanding the BPOL tax Many Virginia localities charge a fee or tax for operating a business within their jurisdiction. This tax, known as the BPOL tax, applies…
…for taxpayers alternating between standard and itemized years. Strategic planning insights Bunch contributions for maximum benefit Philanthropic minded taxpayers should continue to bunch charitable gifts into a single tax year…
…accounting, assisting businesses and their owners with tax compliance as well as consulting and planning. Tom is a member of Keiter’s Private Client Services team. Tom began his public accounting…
…qualifying Opportunity Zone property will also be reset with each cycle. Changes to Opportunity Zone tax benefits For investments beginning in 2027, the tax benefits tied to Opportunity Zone investments…
…as internationally. He leverages his multi-state tax knowledge and experience to assist his clients with planning for state franchise and capital taxes as well as sales and use taxes. He…
…for tax years beginning on or after January 1, 2025. This implies that the IRS is planning to issue final regulations of RMDs as provided for in the SECURE Act…
Cryptocurrency Tax Considerations for Taxpayers With the recent bankruptcy filings of FTX and affiliated companies, cryptocurrencies have been in the news a great deal over the past several weeks. If…