…extensions did not extend this “look-back” period, sometimes causing taxpayers to lose refunds simply because deadlines did not align. New law: The new law amends the Internal Revenue Code so…
…listed by the Internal Revenue Service (IRS) as customarily and regularly receiving tips will qualify. The deduction phases out for single taxpayers with modified adjusted gross income over $150,000, and…
…circumstances. For many organizations, a useful starting point is the Total Revenue category, which can serve as a baseline for comparing compensation levels among firms of similar size. Matching survey…
Key tax considerations for businesses and executives in 2024 Keiter’s 2024 tax seminar provided valuable insights into upcoming tax changes, the Corporate Transparency Act, and practical tax planning strategies. Below…
Understanding how Trump Accounts work and who is eligible The Department of the Treasury and the Internal Revenue Service (IRS) issued notice 2025-68, providing the first set of guidance for…
…recent blog, 2020 Cost of Living Adjustments for Pension Plans On November 1, 2018, the Internal Revenue Service (IRS) announced cost of living adjustments affecting dollar limitations for pension plans…
Review a list of our representative financial investigations.
…2025-05 includes two primary provisions related to estimating the allowance for credit losses for current contract assets and current receivables arising from transactions recorded in accordance with ASC 606, Revenue…
…Internal Revenue Service (IRS) and Department of Labor (DOL) emphasize the importance of tracking terminated employees for the timely distribution of benefits. In response to the Act, Congress mandated the…