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Year-End Tax Strategies for Businesses

Withum

The corporate tax rate is currently a flat 21% rate. There is also a 15% corporate alternative minimum tax (CAMT) based on book income for companies with average annual adjusted financial statement income exceeding $1 billion. Please work with your tax advisor for future planning.

Tax 105
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Congress Passes One Big Beautiful Bill – President to Sign on July 4

Withum

One Big Beautiful Bill Tax Provisions The One Big Beautiful Bill includes the following significant federal income tax provisions. This would provide that an amended return be filed for 2022, and 2023. If a 2024 tax return has already been filed, then an amendment would be required.

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Georgia Tax Preparer Guilty of Filing $3 Million in Fraudulent Returns

CPA Practice

27)—A tax preparer who admitted to filing more than $3 million in fraudulent tax returns on behalf of her clients is facing up to 30 years in prison for her crime. Crawford is not representative of most tax preparers who provide honest services to their clients. (TNS) ATHENS, GA (Nov.

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Citrin Cooperman to Acquire Teplitzky & Co.

CPA Practice

a Woodbridge, CT-based accounting, consulting, and tax firm specializing in the healthcare industry, effective next month. Citrin Cooperman moved to an alternative practice structure after receiving a private equity investment from New Mountain Capital in April 2022. Financial terms of the deal weren’t disclosed.

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Tax Fraud Blotter: Boundless energy

Accounting Today

EDT 5 Min Read Facebook Twitter LinkedIn Email Another Naughty list; a couple of sharks; Miami vice; and other highlights of recent tax cases. San Jose, California: Execs Lalo Valdez and Matthew Olson have pleaded guilty to not paying over employment taxes to the IRS. Olson caused a total tax loss to the IRS exceeding $2.1

Tax 71
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Citrin Cooperman Adds Andsager, Bartlett & Pieroni in Rhode Island

CPA Practice

Top 20 accounting firm Citrin Cooperman has made another acquisition—its ninth in 2024—this time picking up Andsager, Bartlett & Pieroni (ABP), a Providence, RI-based boutique tax firm specializing in high-end tax services for businesses and individuals. Financial terms of the deal weren’t disclosed. in Woodbridge, CT.

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Professionals on the Move – June 2025

CPA Practice

He becomes chair of the Governing Board, succeeding Matt Snow, who has served as board chair since 2022 and retired on May 31. Randall is the national practice leader for the firm’s International Tax Service line and has more than 25 years of experience in public accounting.