…the years. 4. The Community Tax Law Project Tax Partner Denise Holmes serves as Treasurer on the Community Tax Law Project’s board, where they provide free legal help to low-wage…
…themselves for additional tax burdens. Access Full Article Here The Keiter Tax Team is closely monitoring this and other tax legislation. We will keep you informed on new and changing…
…State and Local Tax team or Email | 804.747.0000 Additional Sales and Use Tax Resources: Virginia Ruling on Inventory in Amazon Fulfillment Centers Sales Tax – New Rules on the…
…self-employment income is an amount equal to the net earnings from self-employment for the taxable year divided by 260. A taxpayer’s net earnings from self-employment are based on the gross…
…the pass-through entity or (ii) 20 percent of taxable income as reduced by net capital gains. At certain income levels ($321,400 for married filing jointly and $160,725 for single taxpayers…
…not-for-profit tax team is available to help navigate tax law for your organization. Questions? Contact your Keiter Opportunity Advisor. Source Retail Sales and Use Tax Exemptions for Nonprofit Organizations …
…be allowed on an after-tax basis beginning in 2024. However, this particular aspect of the legislation created so much pushback from taxpayers and professionals that the IRS has since instituted…
Paul focuses on business tax planning and compliance, general business consulting, transaction advisory, and individual tax for privately-held clients with an emphasis on limited liability companies and flow-through taxation. Many…
…powerful tax and succession planning tool that benefits the company, the selling owners, and the employees. How does an ESOP benefit everyone? Benefits for the company: Tax deductible contributions: Contributions…
…program allowing taxpayers to contribute, or prepay, amounts for a designated beneficiary’s qualified higher education expenses (QHEEs). While each state has at least one 529 plan, with tax benefits for…
…leads the Keiter multi-state tax team, which is primarily responsible for a majority of the multi-state tax filings prepared by the firm. In addition, the Keiter multi-state tax team provides income,…
…tax refunds and credits Under prior tax law, disaster-related filing extensions did not automatically extend the time allowed to claim a refund or credit for overpaid taxes. This often worked…