Tax Season: Another Level of Complexity in Virginia?
…that since the Virginia General Assembly has not passed legislation conforming Virginia’s tax code to the Internal Revenue Code, there may be delays for tax filings at the state level….
…that since the Virginia General Assembly has not passed legislation conforming Virginia’s tax code to the Internal Revenue Code, there may be delays for tax filings at the state level….
IRS heads toward deregulation In a significant move towards deregulation, the Internal Revenue Service (IRS) and Treasury Department have announced plans to eliminate a variety of guidance documents and regulations….
Firm Named a 2023 Best of the Best Public Accounting Firms in the Nation by INSIDE Public Accounting We are excited to share that Keiter was recognized by INSIDE Public…
…and tax software companies work through definitions of revenue that are easily dealt with through conformity. This will make filings much more complicated — to use the example of another…
…than anticipated due to gathering information from others, nuances in the law, varying due dates, and the new Internal Revenue Service (IRS) e-file requirements. There are savings opportunities available (proper…
…Revenue Code (“IRC”). Conforming to the IRC essentially means that states uses federal income or taxable income (“Federal taxable income”) as the starting point for the determining state taxable income…
…used in a trade or business during calendar year 2021 File Form 1096 and Forms 1099-NEC, Copy A, with the Internal Revenue Service Attorneys’ fees for services of $600 or…
…the Internal Revenue Code and the provisions of the Tax Cuts and Jobs Act (the “TCJA”). However, emergency legislation effective immediately was signed into law by Governor Northam last Friday,…
…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,…
…in compliance with the regulation: the greater of up to 20 million euros (approximately $24.8 million as of mid-April 2018) or 4% of the company’s prior-year revenue. In addition, slightly…