…tax collections, it reached many more businesses than most realized. The new sales tax collection ruling put brick and mortar stores on a level playing field with online retailers and…
…of the 2017 Tax Cuts and Jobs Act. Background Prior to enactment of the Tax Cuts and Jobs Act (TCJA) in December 2017, exempt organizations (EOs) could aggregate and net…
…Guidance from State Departments of Taxation Understand Reciprocity Agreements and Income Tax Rules Research Business Tax Nexus Thresholds Audit Insurance Coverage “Now that COVID-19 vaccines are here and becoming increasingly…
…estate planning: Tax Cuts and Jobs Act: What you need to know about the Estate, Gift & Trust Provisions Simplified Procedure to Obtain Extension to Make Estate Tax Portability Election…
…tax research, business planning, technology implementation, cost segregation, and certification of historic rehabilitation tax credits. Vince is the Tax Department Leader for Keiter, Partner in Charge of the Firm’s Cost…
Brett Sinsabaugh Advocates for Tax Conformity Legislation with the VSCPA Keiter Business Assurance and Advisory Services Manager, Brett Sinsabaugh, was featured in the Virginia Society of Certified Public Accountant’s (VSCPA)…
…Jobs Act of 2017 Charitable Contributions: Changes with the New Tax Law New Rule for Tax-Exempt Not-For-Profit Organizations with Unrelated Business Taxable Income Tax Cuts and Jobs Act Resource Guide…
…be exempt from tax under IRC Sec. 512-514, while income from the business activity may subject to unrelated business income tax (UBIT). Income subject to UBIT will either be reported…
…119-29), signed into law by President Trump. Historically, taxpayers needed a presidential disaster declaration to qualify for filing and payment extensions. The new law allows Treasury to postpone federal tax…
…tax returns. By forcing taxpayers to file amended returns for 2018 and 2019 to obtain those benefits, it places more administrative burden on taxpayers and investors who would then also…
…applied FMV of interest Why is a qualified appraisal important? Strategic planning: Understanding the value of your business allows you to make informed decisions regarding estate planning and succession planning….
Prompt response needed from taxpayers that receive QOF investment letters The 2017 Tax Cuts and Jobs Act established the Qualified Opportunity Zone Program in order to provide a tax incentive…