Withum

AUGUST 17, 2022

The Inflation Reduction Act of 2022 signed into law by President Biden on August 16, 2022 includes significant changes related to electric vehicle tax credits. The proposal also requires the clean vehicle to be purchased from a qualified manufacturer and have a gross vehicle weight of less than 14,000 pounds. Credit Phaseout.

Tax 125

Tax income tax Manufacturing tax return 125

Withum

AUGUST 8, 2023

Whether it is manufacturers, clothing designers, software developers, plant breeders, winemakers, or engineers, businesses across New York State are shocked to hear how significantly their federal tax bills are increasing for the 2022 taxable year even when their earnings remain the same.

New York 96

New York income tax Manufacturing financial statements 96

Cherry Bekaert

MAY 3, 2024

Expanding business operations globally allows companies access to new markets, more efficient manufacturing options, new technologies, a larger workforce and new sources of inventory. Therefore, a well-thought-out global tax management strategy will be imperative to the success of your global business activities.

Tax 52

Tax income tax Non-Profits corporation tax 52

Withum

JULY 29, 2022

It includes a 25% advanced investment tax credit for certain investments in semiconductor manufacturing, and it will be sent to the President for signature, which is expected because the administration has already expressed support for the legislation. Business Tax Services. Contact Us. Let’s Chat.

Healthcare 119

Healthcare Tax Manufacturing financial statements 119

TaxConnex

JUNE 9, 2022

California manufacturers want the state to halt taxes on the purchase of new equipment, saying those taxes are hobbling the industry as manufacturers aim to modernize production as supply chain issues continue. For gross receipts from the sale of newly taxed services prior to Jan. 1 until September 2027.

Sales 193

Sales Tax Colorado Massachusetts 193

Withum

AUGUST 7, 2023

Yes, any amount of federal tax credit received must reduce the amount of the federal tax basis in the property for depreciation. Contact Us If you are interested in learning more about the Commercial Clean Vehicle Credit, contact Withum’s Tax Services Team. What Is Considered a Commercial Clean Vehicle?

income tax 52

income tax Non-Profits Manufacturing tax return 52

Withum

JUNE 6, 2022

It enters into exclusive distribution agreements with the manufacturers of the drugs, but it does not manufacture any drugs itself. Business Tax Services. For more information on this topic, please contact a member of Withum’s Federal Tax Services Team. Contact Us. Contact Us.

Tax 127

Tax income tax Pharmaceutical Manufacturing 127

CPA Practice

JUNE 2, 2023

Founded in 1995, HKG provides audit, tax, and accounting services to clients across a variety of industries, including private equity, health care/life sciences, manufacturing and distribution, real estate, media, professional services, early stage and emerging growth companies, and not-for-profit.

California 52

California Real Estate Manufacturing audit 52

Withum

AUGUST 11, 2022

The overall credit can be increased by an additional 10% after applying the increase for efficiency or wage and apprenticeship requirements if it can be certified that the steel, iron, or manufactured produce which is a component of such facility was produced in the United States. Contact Us. Let’s Chat.

Tax 84

Tax Construction Manufacturing Transportation 84

CPA Practice

JANUARY 4, 2024

The firm specializes in serving privately owned businesses and high-net-worth individuals with accounting, auditing, and tax services; business valuation aid; accounting software selection and implementation support; financial planning; and management advisory services and business planning.

Real Estate 52

Real Estate New Jersey audit accounting software 52

CPA Practice

AUGUST 23, 2023

with offices around the world, has expanded its tax service capabilities serving clients in the private equity, venture capital (VC) and hedge fund space with the recent addition of two new partners to the firm, Gev Khan , CPA, MBA, and Eric Evans , CPA. Crowe LLP , a public accounting, consulting and technology firm in the U.S.

tax consultant 52

tax consultant Real Estate New York CPA 52

Withum

MARCH 12, 2024

Contact Us For more information on this topic, please contact a member of Withum’s Business Tax Services Team. Let’s Chat The post Cannabis Tax Frenzy appeared first on Withum. This article was originally published by Daniel Mayo in Forbes on March 4, 2024.

Tax 120

Tax tax return Legal Manufacturing 120

Withum

AUGUST 24, 2023

The domestic content rules are satisfied with respect to an energy project if the taxpayer certifies that any steel, iron, or manufactured product that is a component of such an energy project was produced in the United States. Contact Us For more information on this topic, please contact a member of Withum’s Tax Services Team.

Tax 52

Tax Construction income tax Non-Profits 52

TaxConnex

APRIL 18, 2023

Under the statute, a provider of software-as-a-service acts as a serviceman. If the provider transfers to the customer an API, applet, desktop agent or remote access agent so the customer to access the provider’s network and services, the customer is receiving computer software that is subject to tax.

Sales 130

Sales Tax North Carolina Alaska 130

Nancy McClelland, LLC

APRIL 7, 2023

To operate on a cooperative basis for tax purposes, a company must meet specific tax rules in Subchapter T of the Internal Revenue Code. Currently she is serving as a board advisor to Wine Service Cooperative in Napa, California, and as a Finance Committee member for Davis Food Cooperative in Davis, California.

Agriculture 98

Agriculture CPA Virginia Education 98

CPA Practice

FEBRUARY 7, 2023

With 15 partners and a total of 120 staff, the firm has significant expertise in the construction, agriculture, manufacturing and service sectors. Its head office is in Ypres and the firm offers a full range of accountancy, advisory and tax services.

Agriculture 52

Agriculture Construction Manufacturing audit 52

Withum

AUGUST 7, 2023

The remaining $3,750 of the credit is available for a clean vehicle purchased prior to January 1, 2024, provided 50% of the components contained in the battery are manufactured or assembled in North America. Don’t miss out on the opportunity to claim the Personal Clean Vehicle Credit, contact Withum’s Tax Services Team.

income tax 52

income tax New Jersey Manufacturing tax return 52

Withum

SEPTEMBER 2, 2022

A qualified commercial clean vehicle must be acquired for use or lease by the taxpayer from a qualified manufacturer. For more information on this topic, please contact a member of Withum’s Business Tax Services Team. Contact Us. Let’s Chat. The post Is It Time for Businesses To Invest in Electric Vehicles?

Construction 80

Construction Manufacturing Tax Government 80

CPA Practice

AUGUST 17, 2023

by INSIDE Public Accounting , Smith + Howard provides tax, accounting, and advisory services to businesses across the U.S. in the construction, distribution, hospitality, manufacturing, nonprofit, real estate, and technology sectors. 103 in the top 500 accounting firms in the U.S.

Real Estate 52

Real Estate accounting firms tax consultant Technology 52

Withum

AUGUST 17, 2022

The Inflation Reduction Act of 2022 signed into law by President Biden on August 16, 2022 includes significant changes related to electric vehicle tax credits. The proposal also requires the clean vehicle to be purchased from a qualified manufacturer and have a gross vehicle weight of less than 14,000 pounds. Credit Phaseout.

Tax 52

Tax income tax Manufacturing tax return 52

CPA Practice

FEBRUARY 19, 2024

Janelle Merlo , Tax Director, has 20 years of public accounting experience, providing a wide variety of tax and consulting services to a broad range of clients. a small accounting firm focused on providing tax services. He returned to LLME in 2019 as a tax partner. She joined Baker Newman Noyes in 2015.

New Hampshire 64

New Hampshire audit accounting and finance Non-Profits 64

inDinero Accounting

DECEMBER 5, 2023

However, the IRS rules surrounding this tax break are complicated and go beyond what we’ve covered in this article. If you want to dive deeper into this topic, you can connect with one of the experts on our business tax services team. Table of Contents What is the QSBS Exemption?

tax return 52

tax return Mississippi Wisconsin Tax 52

CPA Practice

MARCH 13, 2023

Dempsey has more than 25 years of experience providing tax compliance and consulting services to medium-sized, closely held businesses and related owners in industries including health care, senior living, retail, manufacturing and distribution, professional services and real estate.

Real Estate 52

Real Estate forensic accounting Connecticut cpas 52

Withum

AUGUST 11, 2022

When trying to understand whether the Superfund Excise Tax is applicable, companies must decipher whether the substance is deemed a taxable chemical under §4661 or a taxable substance under §4672. The IRS provides three acceptable approaches when determining the excise tax imposed on imported §4672 taxable substances. Contact Us.

Tax 73

Tax Manufacturing tax return Sales 73

CPA Practice

FEBRUARY 23, 2023

Managing property tax requirements poses challenges for businesses All 50 U.S. states and the District of Columbia assess property taxes on real property (land, buildings, etc.),

Tax 69

Tax Account accountant accounted 69

CPA Practice

FEBRUARY 1, 2024

Janelle Merlo , Tax Director, has 20 years of public accounting experience, providing a wide variety of tax and consulting services to a broad range of clients. a small accounting firm focused on providing tax services. He returned to LLME in 2019 as a tax partner. She joined Baker Newman Noyes in 2015.

New Hampshire 52

New Hampshire audit accounting and finance Non-Profits 52

CPA Practice

FEBRUARY 8, 2023

Collectively, the professionals joining Andersen deepen the firm’s expertise serving high net worth individuals, families, and businesses across a range of industries, including real estate, manufacturing, construction, professional services, hospitality, entertainment, technology, retail, financial planning, and agriculture.

Real Estate 52

Real Estate Agriculture Iowa income tax 52

Withum

MARCH 3, 2023

Where your company has employees, sales representatives, or solicitors of sales and services. If you need assistance determining your nexus responsibilities, please contact our State and Local Tax Services Team , and we will respond as soon as possible. How do I get help to determine my responsibility? Who needs it?

South Dakota 52

South Dakota Tax Real Estate payroll tax 52

Withum

JULY 26, 2023

No credit is allowed unless all the components contained in the battery were manufactured or assembled in North America. Contact Us For more information on this topic, please contact a member of Withum’s Business Tax Services Team. In addition, the Act would modify the clean vehicle credit (§30D).

Tax 52

Tax income tax Manufacturing accounting and finance 52

Withum

OCTOBER 12, 2022

In a simple example, assume a foreign manufacturer is a common parent, falls under the definition of a foreign-parented multinational group and has AFSI of $2 billion. For more information on this topic, please contact a member of Withum’s Business Tax Services Team. Contact Us. Let’s Chat.

financial statements 69

financial statements Tax income tax Manufacturing 69

Going Concern

NOVEMBER 10, 2023

Errors made by the academics included failing to identify the correct firm as the auditor — both Deloitte and KPMG had been named as auditors of entities that are audited by PwC — and there were scandals manufactured in the artificial intelligence output.

audit 101

audit accounting and finance auditor Mississippi 101

Going Concern

FEBRUARY 16, 2024

Apparently the local news has had this amateur CPA on their radar since at least 2020: Krystal clear – customer says shady businesswoman an “expert at frauding people” [ FOX 2 Detroit ] Krystal friended Chrissy on Facebook and said her company “Card Virtual Tax Service” could get her a big refund and take a percentage.

Real Estate 102

Real Estate Iowa audit CPA 102

Withum

JUNE 1, 2022

Over the past two years manufacturers and resellers have struggled to maintain inventory levels due to global supply chain issues, and now are facing the highest inflation rates since 1981. Business Tax Services. For more information on this topic, please contact a member of Withum’s Federal Tax Services Team.

business tax 119

business tax Tax income tax tax return 119

Withum

NOVEMBER 17, 2022

Specifically targeted industries, such as technology, manufacturing, agriculture, or film. Geography, such as distressed zones, enterprise zones, or tax-increment finance districts. Contact a member of Withum’s Tax Services Team to start planning as year-end approaches. Year-End Tax Planning for Businesses.

tax planning 98

tax planning Tax Construction income tax 98

xendoo

APRIL 3, 2023

You can always use a business tax service like Xendoo and a tax CPA can do it for you. CFO services? Electric vehicle credit The Inflation Reduction Act of 2022 made changes to electric vehicle credits for tax years 2022 and 2023. But, we’ve also included guidance below to help with filling out Form 3800.

Tax 52

Tax tax preparation business tax bookkeeping 52

xendoo

APRIL 3, 2023

You can always use a business tax service like Xendoo and a tax CPA can do it for you. Electric vehicle credit The Inflation Reduction Act of 2022 made changes to electric vehicle credits for tax years 2022 and 2023. But, we’ve also included guidance below to help with filling out Form 3800.

Tax 52

Tax tax preparation business tax income tax 52

CPA Practice

JULY 12, 2023

Bennett started with BSSF as an intern and is now a Staff Accountant specializing in tax services. Deller started with BSSF as an intern and is now a Staff Accountant specializing in tax services. Morrison joined BSSF as a Staff Accountant specializing in tax services.

Pennsylvania 52

Pennsylvania Maryland New York accounting and finance 52