…their ability to drive revenue generation and cost efficiencies for various types of healthcare practices through innovative solutions, especially given the current inflationary environment. Artificial intelligence (AI) and generative AI…
…of the key provisions. Temporary pause on rolling conformity to the Internal Revenue Code Virginia’s practice of “rolling” conformity—automatically aligning state tax law with federal tax changes—has been temporarily suspended….
…disqualification of the plan’s tax-exempt status and/or penalties by the Internal Revenue Service (IRS). What is a retirement plan forfeiture? Defined contribution plans typically include a separate account to accumulate…
…and 2021. The ERC opportunity prompted aggressive marketing tactics from bad actors known as credit mills that lured ineligible taxpayers to claim the credit. In response, the Internal Revenue Service…
…utilized, the state revenue department may have copies of filed employment and unemployment tax returns, as well as sales tax returns. Employees may also be able to provide copies of…
…aggressive marketing tactics from bad actors that lured ineligible taxpayers to claim the credit. In response, the Internal Revenue Service (IRS) rolled out initiatives to assist businesses that have been…
…the American Rescue Plan. Further, Virginia de-conforms to certain provisions of the Internal Revenue Code. These are summarized below. Key Provisions of Virginia Tax Conformity for Businesses and Individuals Certain…
…challenges, and trends in spending and revenue For more accounting news and insights related to the Manufacturing industry, view our blog About LEA Global Founded in 1999, LEA Global is…
…important. Learn more about worker classification: Worker Classification 101: employee or independent contractor | Internal Revenue Service (irs.gov) Questions on self-employment taxes for your unique business situation? Contact your Keiter…
…revenue. Her industry experience spans the business and professional services sectors including: legal services, advertising and marketing agency, digital printing, transportation and logistics, software-as-a-service, employee staffing, and medical services. Michelle’s…
…Applying nonprofits must already be in business, must be a registered 501(c)(3) nonprofit, must be based in the metro Richmond area and must have less than $100,000 in annual revenue….
IRS Adjusts Estate and Gift Tax Exemptions for Inflation The Internal Revenue Service (IRS) recently announced the inflation adjusted Estate and Gift Tax Exemptions for 2023. The lifetime Estate and…