Accounting, Tax, Audit & Consulting – Roanoke (VA) Our team of seasoned professionals specialize in assisting high net worth individuals and business owners navigate the complex tax landscape, assist…
…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…
…2020-32. This notice provides guidance regarding the deductibility for Federal income tax purposes of expenses incurred in a taxpayer’s trade or business when the taxpayer receives a Paycheck Protection Program…
…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…
Accounting, Tax, Audit & Consulting – Raleigh (NC) Our team of seasoned professionals specialize in assisting high net worth individuals and business owners navigate the complex tax landscape, assist…
…2022. Tax Update Presentation Agenda Pending Tax Legislation 2021 Planning: Key Provisions for Consideration Review or 2020 Tax Acts Action Items View more presentations from this event: State and…
…Additional State and Local Tax Resources: Resources for Virginia Businesses Navigating COVID-19 State Income Tax Changes for Businesses It is that time of year: BPOL renewals 2020 Tax Planning Guide…
Tips to avoid tax scams in 2025 Individuals and businesses should be mindful of scams throughout the year and in particular, during tax season as scam attempts tend to increase….
…for single taxpayers in 2017 ($12,700 for married taxpayers filing a joint return) to $12,000 for single taxpayers in 2018 ($24,000 for married taxpayers filing a joint return). When comparing…
…taxes on the profits from their legal marijuana business; however, Section 280E of the internal revenue Code imposes a severe tax hardship on these businesses. Overview of Section 280E Section…