Withum

OCTOBER 6, 2022

It is unclear at this time whether the penalty relief for late filing of 2019 and 2020 tax and information returns provided earlier this year in Notice 2022-36 will also be extended to February 15, 2023, for victims of Hurricane Ian. Does the federal relief also extend the time to pay federal income tax? Contact Us.

Government 124

Government income tax tax return Florida 124

Withum

JULY 25, 2022

The NY pandemic small business recovery grant program , which includes grants up to $50,000 per eligible business, is still available for qualifying small businesses. Eligible businesses include those that had gross receipts between $25,000 and $2.5 Business Tax Services. Contact Us. Contact Us.

New York 78

New York tax services business tax payroll 78

Withum

JUNE 24, 2022

Did the taxpayer calculate correctly the number of full-time employees (FTEs) in 2019? Recall that an FTE for this purpose is an employee that worked 30 hours/week or 130 hours/month, and that a monthly average for 2019 is required. Business Tax Services. Contact Us. Contact Us. appeared first on Withum.

Tax 126

Tax audit tax return tax services 126

inDinero Tax Tips

NOVEMBER 7, 2023

Net Operating Loss Limitations Record Keeping and Documentation Conclusion Navigating tax advantages like net operating losses can be a headache. InDinero’s business tax services can save you time and money, as our team of professionals will ensure you’re making the most of every tax year.

accrual accounting 105

accrual accounting Tax accounting and finance tax services 105

Withum

APRIL 8, 2022

The SECURE Act passed in 2019 increased the required minimum distribution age to 72. The increased flexibility being allowed to individuals to diversify their pre- and post-tax retirement contributions could significantly adjust their retirement planning strategies. Business Tax Services. Contact Us. Contact Us.

income tax 75

income tax Start-ups Tax Maine 75

CPA Practice

JULY 6, 2023

Alexandra Francel, EA, MST, is a tax content analyst currently working on the Globalization team bringing Spanish to TurboTax at Intuit. She started with Intuit in 2019 after 18 years of experience in public accounting, where she provided tax services to individuals, small businesses, estates, and trusts.

Entertainment 98

Entertainment Transportation Maine Tax 98

Withum

JULY 12, 2023

Phil Murphy signed into law A5323 on July 3, 2023, which includes wide-ranging provisions that will considerably impact businesses. This new bright-line test adopts a Wayfair nexus rule, subjecting a corporation to tax if it derives receipts in excess of $100,000 or has more than 200 separate transactions.

New Jersey 52

New Jersey Tax business tax income tax 52

inDinero Tax Tips

NOVEMBER 7, 2023

Net Operating Loss Limitations Record Keeping and Documentation Conclusion Navigating tax advantages like net operating losses can be a headache. InDinero’s business tax services can save you time and money, as our team of professionals will ensure you’re making the most of every tax year.

accrual accounting 52

accrual accounting Tax accounting and finance tax services 52

Withum

APRIL 11, 2022

Governor Phil Murphy signed the New Jersey Secure Choice Savings Program Act on March 28, 2019, requiring many small to mid-size businesses to offer a retirement plan. Business Tax Services. The post New Jersey Legislation Requires Businesses to Offer State Mandated Retirement Plans appeared first on Withum.

New Jersey 64

New Jersey payroll tax services Start-ups 64

Withum

AUGUST 3, 2023

This includes investment management companies, such as investment advisors, hedge fund managers, mutual fund service providers, broker-dealers, and similar financial service businesses. Let’s Chat The post How Will New Jersey Legislation (A5323) Affect Financial Services? appeared first on Withum.

New Jersey 52

New Jersey income tax Tax payroll 52

inDinero Tax Tips

NOVEMBER 15, 2021

Understanding Deductible Business Expenses. After subtracting deductions, you’ll only need to pay taxes for your net revenue. The current business tax rate is 21% at the federal level, plus state corporate taxes that range anywhere from 0-11.5%. But what if the bankruptcy occurred in a year prior to the tax filing.

Tax 52

Tax Legal income tax Entertainment 52

Going Concern

NOVEMBER 10, 2023

Customers of the Falasz Tax and Accounting company say they’re upset because the company didn’t file their taxes on time in April and then missed the October extension date. One customer says their business tax documents haven’t been filed since 2019.

audit 122

audit accounting and finance auditor accounting firms 122

Withum

FEBRUARY 6, 2025

Tax Filing and Payment Relief The IRS announced on January 10, 2025, that individuals and businesses in southern California that were affected by the wildfires will now have until October 15, 2025, to file various individual and business tax returns and to make tax payments.

California 117

California Tax tax return payroll 117