Key tax considerations for businesses and executives in 2024 Keiter’s 2024 tax seminar provided valuable insights into upcoming tax changes, the Corporate Transparency Act, and practical tax planning strategies. Below…
…start their new career and prepare to file their own tax returns. Eight tax considerations for recent college graduates 1. Tax due dates Meeting annual tax deadlines is important to…
…you should speak with your tax advisor before making any decisions. Questions? Contact your Keiter representative or Email | 804.747.0000 Additional Tax Planning Resources 4th Quarter Summary of Key Tax…
…have to file tax returns in some states. Remote workers – Nexus and withholding requirements Most states now say that remote workers create employment tax requirements (unemployment compensation, income tax…
…– Kiddie tax based on income of parent with higher taxable income Divorced parents – Kiddie tax based on income of custodial parent How is the Kiddie tax reported? If…
Tax items you need to know for year end 2019 Estimated Individual Income Tax Payments The final installment date for 2019 estimated tax payments is January 15, 2020. Mail your…
…of CPAs. *Note that the PTE tax (PTET) provisions expire after Taxable Year 2025. Also, there are different guidelines for Taxable Year 2021 and Taxable Years 2022 through 2025. Highlights…
…the items exempt of the tax and then collect the tax from their customers on those sales. The Department of Taxation clarified in its Tax Bulletin 17-8 the tax responsibilities…
…the Senate and House. The Act includes the following key tax provisions that may impact tax obligations for businesses and business owners. Taxation of Carried Interests As we detailed in…
…per taxpayer starting in 2026, indexed annually for inflation. Portability still applies and trusts continue to offer liability protection. Many taxpayers will no longer face estate tax, but estate planning…
…for calculating income-based taxes such as franchise taxes Evaluating the need for a step-up in tax basis of goodwill Minor codifications for income taxes related to employee stock ownership plans…