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2023 Year-End Tax Planning Strategies for the Real Estate and Construction Industry

Cherry Bekaert

The discussion below focuses in on tax planning opportunities tailored specifically for the real estate industry: deferring revenue, maximizing deductions, and utilizing available credits and incentives. or 39-year lives.

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Eleventh-Hour Pandemic Relief – What a Homeowner Should Know

KROST

These payments are based on information from 2019 tax returns. In that case, they will be able to claim the credit on their 2020 tax return for either a reduction in tax due or an increased refund. Melanie Prieger, CPA, MST, Manager – Tax. Tax , Real Estate. Mortgage Benefits.

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Friday Footnotes: PwC’s Turn For a Probe; Accounting Professor Does a Naughty; The IRS is Hiring | 3.11.22

Going Concern

—PwC Becomes Latest Subject of Investigations [ Bloomberg Tax ] Paul Brehony of Signature Litigation LLP looks at the growing number of investigations by the U.K. tax authority into historic audit failures by the “Big Four” firms, and discusses the prospects for success of proposed major reforms to the audit regime.

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Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

The IRS taxes corporations as separate legal entities, which opens them up to double taxation. The IRS then taxes them at the corporate income tax rate. Shareholders still must file their personal income tax returns and report the corporate dividends and capital gains they get as part of their taxable income.

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How to Write Off Your Dream Car Tax Free in 2021

LyfeAccounting

So we’re not going to use a bunch of tax jargon you will read on other blogs. Instead, we are going to do our best to make this a very simple guide so that you can follow and implement this yourself on your next tax return. Now, this is only one deduction and just scratching the surface of all the tax write-offs you have.

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