…to 2021. Hopefully, the final regulations will include relief provisions or correction provisions for those taxpayers who may have missed RMDs in 2021. Planning Point: While taxpayers must (potentially) take…
…injury for the taxpayer, the taxpayer’s spouse, co-owner of the house, or a person whose principal place of abode is in the same household as the taxpayer or any relative…
…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…
…Tax Planning We focus on large, complex estate tax planning engagements and our fees begin at $10,000 for this specialized service. In addition, we work best when we routinely partner…
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…
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…