The IRS is Auditing Fewer Returns than Ever
The IRS is Auditing Fewer Returns than Ever One of the perennial fears of taxpayers is getting audit...
News
Tax Break for Commercial Real Estate Investors
Tax Break for Commercial Real Estate Investors COVID-19 impacted the economy dramatically and commer...
What Every Taxpayer Needs to Know This Season
What Every Taxpayer Needs to Know This Season The IRS is currently suffering a severe backlog in pro...
Taxation of Legal Settlements and Fees
Taxation of Legal Settlements and Fees The taxation of legal settlements and fees is a complex topic...
2022 U.S. Tax Legislation Forecast
2022 U.S. Tax Legislation Forecast No one knows for sure what 2022 will bring in the form of tax leg...
Kentucky Small Business Tax Credit
Kentucky Small Business Tax Credit Joe Guelda CPA, Tax Manager Kentucky provides a unique credit for...
Year-End Tax Planning Tips for Individuals and Businesses
Year-End Tax Planning Tips for Individuals and Businesses Here we are again, nearing the end of anot...
Being Proactive with Tax Planning – Understanding Tax Rates – Marginal vs Effective/Average vs Actual
Being Proactive with Tax Planning – Understanding Tax Rates – Marginal vs Effective/Aver...
Nexus – What is Nexus and Why You Should Care if Doing Business in Different States?
Nexus – What is Nexus and Why You Should Care if Doing Business in Different States? Joe Gueld...
New Proposed Tax Laws
New Proposed Tax Laws The House recently released a nearly 900-page proposed bill that would make ma...
Tax Breaks for Helping Relatives
Tax Breaks for Helping Relatives It’s not uncommon for adult children or siblings to act as caregi...
Selling Real Estate in 2021? First, Know the Tax Considerations
Selling Real Estate in 2021? First, Know the Tax Considerations Joe Guelda CPA, Tax Manager Many o...
The Tax Implications for High School and College Athletes
The Tax Implications for High School and College Athletes David Wagner, Advanced Staff Accountant By...
Making Your Property Energy Efficient Can Make You Money
Making Your Property Energy Efficient Can Make You Money Kent Von Nostitz, Advanced Staff Accountant...
The Biggest Winners and Losers in President Biden’s Proposed Individual Tax Plan
The Biggest Winners and Losers in President Biden’s Proposed Individual Tax Plan President Biden p...
How Senate’s Rules Shape Tax Laws
How Senate’s Rules Shape Tax Laws Senate rules and procedures have a major impact on how tax laws ...
Operation Hidden Treasure
Operation Hidden Treasure Dustin Wells, Tax Specialist What is Operation Hidden Treasure? In early M...
Everything There is to Know About the New Child Tax Credit
Everything There is to Know About the New Child Tax Credit The Child Tax Credit as we know it origin...
Individual Tax Filing Due Date Extended to May 17th
Individual Tax Filing Due Date Extended to May 17th Quinn Hart CPA, Tax Partner The IRS announced la...
Kentucky Passes Law on Paycheck Protection Program Loan Forgiveness
Kentucky Passes Law on PPP Loan Forgiveness Janet Cooke CPA, Principal On March 12, 2021, The Ken...
More Businesses and Nonprofits Can Qualify for the Employee Retention Tax Credit
More Businesses and Nonprofits Can Qualify for the Employee Retention Tax Credit Neil Zinser CPA, Pa...
Four Essential Questions You Should Ask Your Tax Professional This Season Related to COVID-19
Four Essential Questions You Should Ask Your Tax Professional This Season Related to COVID-19 Good t...
Tax Professionals Can Now Submit Form 2848/8821’s to IRS Online
Tax Professionals Can Now Submit Form 2848/8821’s to IRS Online Dustin Wells EA, Tax Specialist Pe...
Stimulus Package Provides Relief for Small Business
Neil Zinser CPA, Tax Partner On Monday December 21, 2020, the House and Senate approved the Consolid...
Biden’s Tax Plan: A Closer Look
Matt Hagan, Staff Accountant 2021. The year we’ve all been waiting for… well, at least for the p...
Paying the Price for Vice: The Evolving Landscape of Excise Taxes in America
While excise or vice taxes have long been a part of the American tax landscape related to alcohol an...
Tax Alert – Expenses Paid with PPP Loan are Now Deductible
Late Monday night, the House and Senate voted in favor of the Consolidated Appropriations Act, 2021 ...
PPP Loans: IRS Continues to Ignore Congress’ Intentions
Neil Zinser, Partner To help stimulate the economy and provide financial assistance to individuals a...
Every Taxpayer Has a Right to IRS Representation
Dustin Wells, Tax Specialist The IRS has grouped all Taxpayer rights under the law into the Taxpayer...
2021 Social Security Tax and Benefit Increases Announced
The Social Security Administration recently announced 2021 increases to both benefits and the t...
PPP Loan Forgiveness Application
Rene Valadez, Senior Manager The Paycheck Protection Program is a loan designed to provide a direct ...
Our Top 6 Year-End Tax Planning Tips
This has been a year of economic and tax uncertainty with the impact of the COVID-19 pandemic, poten...
The Wealth Tax ‐ Part 4: Implications
Dustin Wells, Tax Manager Now that we have a better understanding of the wealth tax and its general ...
The Wealth Tax ‐ Part 3
Dustin Wells, Tax Manager Simply put, as we’ve outlined, a wealth tax is an additional percent...
The Wealth Tax ‐ Part 2
Dustin Wells, CPA, Tax Specialist This is Part 2 of Dustin’s analysis of the Wealth Tax. Read ...
R&D Tax Credits May Be Part of the Next Tax Relief Bill
As the economic impact of COVID-19 lingers and an impending second wave is on everyone’s mind, Con...
IRS Gears Up for Aggressive Tax Evasion Enforcement
Recently, the IRS Commissioner testified before the Senate Finance Committee, sending the message th...
The Wealth Tax – Part 1
Dustin Wells, Tax Specialist A wealth tax in summary is a tax on (your) assets. A wealth tax i...
How To Use Qualified Charitable Distributions For Charitable Giving
Each year, millions of Americans make donations to charitable organizations and receive something in...
AICPA issues guidance on accounting for forgivable PPP loans
https://www.journalofaccountancy.com/news/2020/jun/forgivable-ppp-loans-aicpa-accounting-guidance.ht...
H.R. 7010 Paycheck Protection Program Flexibility Act of 2020
Neil Zinser, Tax Partner On June 5th, 2020, the President signed the Paycheck Protection Program Fle...
SCOTUS & The Anti Injunction Case
Dustin Wells, Tax Specialist Do you not want to pay taxes? Does anyone? Not really. ...
IRS Questions and Answers on COVID-19 IRA and 401(k) Loans & Distributions
The CARES Act stimulus package substantially relaxed the rules around certain retirement account loa...
