Tax planning tips for newly married couples
…consider. An overview of Internal Revenue Service (IRS) tax tips and other tax planning considerations specific to newly married couples is provided below. Name and address changes Name.When a name…
…consider. An overview of Internal Revenue Service (IRS) tax tips and other tax planning considerations specific to newly married couples is provided below. Name and address changes Name.When a name…
…similar platforms deductible? The Internal Revenue Code provides that charitable contributions (subject to certain limitations not discussed here) made to a “qualified charity” as defined by IRC section 170(c) may…
…or more for services used in a trade or business during calendar year 2024. File Form 1096 and Forms 1099-NEC, Copy A, with the Internal Revenue Service by January 31,…
…also required to be sent to the Department of Revenue regarding the names, addresses, amount of purchases and other information that will enable the Department of Revenue to pursue the…
Individuals and Businesses Need to File Form 8300 for Large Cash Transactions The Internal Revenue Service (IRS) has issued a reminder for individuals and businesses receiving more than $10,000 in…
…that gift. The value of the unpaid rent is considered a contribution of a non-financial asset and would result in revenue for the organization (offset by a rent expense). If…
…$600 or more for services used in a trade or business during calendar year 2020 File Form 1096 and Forms 1099-NEC, Copy A, with the Internal Revenue Service Attorneys’ fees…
…issue resulting from the Act is the nearly $80 billion in funds appropriated to the Internal Revenue Service. A growing concern is that these funds will be used to increase…
…We can help. Contact your Keiter Opportunity Advisor or Email | Call: 804.747.0000. Sources Internal Revenue Service, IR-2021-98, April 30, 2021 Internal Revenue Service, IR-2021-140, June 30, 2021 ThomsonReuters…
…revenue ranking. The IPA list categorizes the top 500 firms, with revenue figures for the Top 200 ranging from $52.4 million for the 101st rank to $25.1 million for the…
Update on RMDs under the provisions of the SECURE Act and SECURE Act 2.0 On April 16, 2024, the Internal Revenue Service (IRS) issued Notice 2024-35, which provides no penalties…
…generator, especially during COVID-19. Vacation rental platforms like Airbnb and VRBO have been instrumental in helping property owners easily market and rent their properties throughout the year. This growing revenue…