News & Insights
House Passes Tax Relief for American Families and Workers Act
February 1st, 2024
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By Matt Latham |
Tax
Yesterday, the house passed H.R. 7024 – the Tax Relief for American Families and Workers Act. This bill includes provisions such as: Expanding bonus depreciation back to 100% for 2023 […]
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Qualified Contract Applications for LIHTC Properties
January 25th, 2024
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By Jon Ringlein |
Audit |
Outsourced Accounting Solutions |
Tax Credits |
Affordable Housing
By: Jon Ringlein Since the landscape surrounding real estate has started to evolve over the years, Low-Income Housing Tax Credits (LIHTC) have become increasingly complex. To assist in managing affordability […]
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Tax-Favored Qualified Small Business Corporation Status Could Help You Thrive
January 22nd, 2024
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Business Tax Services |
Tax |
Small & Midsize Businesses
Operating your small business as a Qualified Small Business Corporation (QSBC) could be a tax-wise idea. Tax-free treatment for eligible stock gains QSBCs are the same as garden-variety C […]
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The IRS Unveils ERTC Relief Program for Employers
January 18th, 2024
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Business Tax Services |
Tax |
Affordable Housing |
Cannabis |
Construction |
Employee Benefit Plans |
High Net Worth |
Manufacturing |
Nonprofit |
Small & Midsize Businesses |
Telecommunications
Since July 2023, the IRS has taken a series of actions in response to what it has termed a “flood of ineligible claims” for the Employee Retention Tax Credit (ERTC). Most […]
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The Kiddie Tax Could Affect Your Children Until They’re Young Adults
January 11th, 2024
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Tax |
Affordable Housing |
Cannabis |
Construction |
Education |
Employee Benefit Plans |
Government |
Healthcare |
High Net Worth |
Manufacturing |
Nonprofit |
Small & Midsize Businesses |
Telecommunications
The so-called “kiddie tax” can cause some of a child’s unearned income to be taxed at the parent’s higher marginal federal income tax rates instead of at the usually much […]