…refresher, that tax credit is for qualified investments in a pre-qualified small business venture. Due Date for Applications Taxpayers must apply to the Department of Taxation in order to obtain…
…finalized. 10. The current capital gain tax rates will apply to the deferred capital gains recognized on taxpayers’ 2026 tax returns. Clarification Whatever capital gain tax rates are in place…
…Form 941, Employer’s QUARTERLY Federal Tax Return (or Form 944, Employer’s ANNUAL Federal Tax Return) Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return Form VA-6, Employer’s Annual or Final…
…and other tax regulation changes. We will continue to provide you with updates to help you maximize tax planning and saving opportunities. Tax regulation change questions specific to your business?…
…to donate to these after-tax dollars to charity. This taxpayer would report the full IRA distribution as taxable income and then deduct the donation to charity as an itemized deduction…
…non-income tax filings Individual Tax Planning: Neighborhood Assistance Program (NAP) Credit Benefits The Tax Cut and Jobs Act: 4 Tax Changes Homeowners Need to Know “Withholding Taxes: Are You Compliant?”…
…taxpayer materially participated in the rental activity so the passive activity rules did not apply. Without proper planning, a taxpayer could potentially be subject to the passive activity rules, net-investment…
An Overview of the IRS Identity Protection PIN Program What is tax identity theft? Tax identity theft — the filing of fake tax returns using stolen identities — is a…
…OTHER TAX PROVISIONS CONTAINED IN HR 3864 The bill includes other tax provisions, including extension of various highway-related taxes, and extension and modification of certain superfund excise taxes. It also…
…your Keiter Opportunity Advisor with any questions about this rate change or see Tax Bulletin 20-8 for more information. Additional State & Local Tax Resources State & Local Tax Blog…
…with most changes effective solely for Taxable Year 2021; Enhancing the Child and Dependent Care Tax Credit for Taxable Year 2021, which benefits Virginia taxpayers who claim the Virginia Child…