…the current spending across all sectors, including not-for-profit organizations, will likely rise. Because certain not-for-profit organizations, specifically public charities and foundations, are limited by the Internal Revenue Service (IRS) as…
IRS announces dollar limitations on pension plans and other retirement-related items The Internal Revenue Service (IRS) announced cost of living adjustments to contribution limits for individual pension plans and other…
…digital asset reporting which were issued by the U.S. Treasury Department and Internal Revenue Service (IRS) on December 30, 2024. With concerns the reporting requirements would negatively impact taxpayers specifically…
…be aware that the Department of the Treasury and the Internal Revenue Service (IRS) expanded the tax return and business document e-file requirements for the 2024 filing season. While over…
…additional income taxes on distribution earnings. Section 529 defined As a brief overview, Section 529 of the Internal Revenue Code establishes permission for a state or agency to use a…
…of these changes is that these new and increased deductions will provide for additional sources of revenue to non-profit organizations during these uncertain times. If you have questions about these…
…assistance to reimburse for expenses and revenue losses due to Coronavirus. Funds will be available for building temporary structures, leasing property, emergency operation centers, medical supplies and equipment, surge capacity,…
…to companies that conduct business in Virginia and either: Control or process personal data of at least 100,000 Virginia residents, or Derive over 50 percent of gross revenue from the…
…to file trust, estate and gift tax returns is April 15, 2021. 2021 Federal Tax Deadline Extended for Individual Taxpayers The Treasury Department and Internal Revenue Service announced that the…
…your Keiter advisor or Email | Call: 804.747.0000. Additional Resources for Manufacturing Companies 2019 U.S. Manufacturers Confident About Increasing Revenue Expectations How the Internet of Things (loT) and 5G Impact…
…the implications of anti-clawback provisions for high-net-worth individuals. Business Valuation Methodologies The session highlighted Revenue Ruling 59-60, emphasizing fair market value principles for closely held businesses. Attendees gained insight into…
…about how these changes impact your unique individual or business tax situation, please contact your Keiter advisor. We are here to listen and provide sound advice. Source Internal Revenue Service…