Top Five Business Tax Considerations for 2018
…need to satisfy the test for all prior years. If your business is like most, and has more accounts receivable than accounts payable, the cash method generally results in lower…
…need to satisfy the test for all prior years. If your business is like most, and has more accounts receivable than accounts payable, the cash method generally results in lower…
…deduction against all UBTI generated after January 1, 2018 before applying 512(a)(6)(B) rules. In short, pre-2018 NOLs are preserved and may be utilized in the “manner that results in maximum…
…guides and maps updating business owners on different state laws for collecting sales tax for online sales from out-of-state vendors. The results of the Firm’s efforts included ROI of 300%…
…the results of this study and offers some insights as to the potential implications for the Central Virginia region. Summary: The real estate market in the Central Virginia area is…
Increase in gas prices results in updated mileage rate for business vehicles Recently, the IRS updated the standard mileage rates for 2023 for business use of an automobile, charitable use…
Negotiating and Managing the Sale of Your Business As a business owner, you have probably been negotiating different facets of your business for years. However, that may not have prepared…
…as the Work in Progress (WIP) schedule is a major report to review since it impacts your company’s financial results. It can also be a critical document for project management…
…income can align taxable results more closely with project completion and cash realization. Compliance updates, including monitoring forthcoming IRS and Treasury guidance to clarify definitions and transition rules. Background: Understanding…
Qualified Opportunity Zones (QOZs) provide a unique opportunity for taxpayers to invest in low-income communities while also offering significant tax benefits. QOZs were included in the 2017 Federal Tax Cuts…
…Under IRC section 168(n)(2)(D), a qualified production activity refers to the manufacturing, production, or refining of a qualified product if that activity results in substantial transformation of the materials comprising…
…professional services, reviewed and judged more than 100 entries. Winning entries were recognized for the accomplishment of a specific goal or objective, executing a project strategically, and measurable results. Looking…
…Over 15 years of experience advising More than 120 business owners on exit planning and transaction execution A national reputation across 36 states for delivering insight, integrity, and results As…