Withum

NOVEMBER 29, 2023

Entities created before January 1, 2024 have until January 1, 2025, to file the report. Entities created on or after January 1, 2024 and before January 1, 2025 have 90 days after creation or registration to file a report (note the 90-day period replaces a 30-day period and was finalized on November 29, 2023). 9 & FAQ D.10

Legal 115

Legal Non-Profits income tax Tax 115

Withum

NOVEMBER 29, 2023

Entities created in 2024 have until January 1, 2025, to file the report. Generally does not include a business’s accountants or lawyers, Board members, or partnership representative. Can I engage a lawyer or accountant to assist me with reporting? 5 & FAQ J.1. When is reporting required? 9 & FAQ D.10. See FAQ #B.7.

Legal 91

Legal Non-Profits income tax Tax 91

KROST

JANUARY 25, 2021

The CARES Act launched the Paycheck Protection Program, which permitted businesses to take the PPP loan and apply for forgiveness under specific terms. However, guidance on how to account for business expenses used with the PPP loan was not provided. New Markets Tax Credit. It is extended through December 31, 2025.

Real Estate 90

Real Estate CPA Tax public accounting 90

CPA Practice

JANUARY 10, 2024

Delays in processing amended tax returns and taxpayer correspondence. Despite the IRS’s success in eliminating its backlog of paper-filed Forms 1040, backlogs in processing amended individual income tax returns (Forms 1040-X), amended business tax returns and correspondence continued. Among her key recommendations: 1.

tax return 64

tax return income tax Non-Profits Tax 64

LyfeAccounting

OCTOBER 29, 2020

With the US presidential election is right around the corner, and since we’re an accounting firm that loves taxes, it’s only right that we make a post discussing President Trump’s Tax Plan vs Former Vice President Joe Biden. What an Effective Tax System Looks Like. A fair tax system should produce similar outcomes.

tax planning 52

tax planning Tax corporation tax Real Estate 52