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…
…tax year (upfront tax credit is not based on system performance). This credit is generally better for smaller scale projects. 2. Production Tax Credit (PTC) The PTC is a per…
…efforts to combat tax-related identity theft this tax season and steps you can take to obtain an IP PIN. How to Protect Your Personal Tax Information for the 2022/2023 Tax…
…expect from the Virginia Department of Taxation related to the new Virginia pass-through entity tax law Presented by Kay Gotshall, CPA, Tax Senior Manager on July 14, 2022. *CPE is…
COVID-19 Business Relief: Personal Protective Equipment Sales Tax Exemption Additional legislation providing relief for Virginia taxpayers became effective on March 11, 2021. The legislation provides for a temporary sales tax…
…preservation organizations, and private education institutions. Her service specialties include Form 990 preparation, tax compliance, planning, consultation, and research. She is a member of Keiter’s not-for-profit industry team. Other areas…
Charitable Giving and Tax Planning Insights Many nonprofit organizations have a need to acquire real estate for use in its mission but may not have the funds to pay full…
…noncompliance on federal income tax returns. By receiving Form 1099-DA, taxpayers will be reminded that their digital asset transactions are taxable. This should help save time and money during the…
…familiar tax preparer or firm, asking for personal or financial information under the guise of assisting with tax preparation. While these phishing scams are becoming more sophisticated, making it harder…
…only eligible for a rebate if their 2022 tax returns reflected a tax liability after considering income tax credits (if applicable). Eligible taxpayers who filed their 2022 Virginia income tax…
New Vehicle Models Qualify for Energy Efficient Tax Credits IRC 30D provides a credit for taxpayers who have acquired a Qualified Plug-in Electric Drive Motor Vehicle. These “qualifying vehicles” include…