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IRS Cuts PTIN Fees for 2024

CPA Practice

The IRS is slashing the costs for paid tax return preparers to renew their preparer tax identification numbers (PTINs) in 2024 by nearly 36%, after a court ruled earlier this year that the agency had previously overcharged tax professionals to obtain a valid PTIN. down from $30.75 for PTIN renewals in 2023.

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Small Business Tax Rates in New Hampshire

Steve Feinberg

Parsing any state’s tax code can be a multifaceted and complicated affair, but small business owners especially should understand what types of taxes they are required to pay if they live and operate their company in New Hampshire. What is the Small Business Tax Rate in New Hampshire? Is There a Sales Tax in New Hampshire?

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Upcoming Tax Issues Facing Dealerships That Need To Be Addressed Now

Withum

These words apply to all sorts of things in life and, of course, when it comes to taxes. With some economic upheaval and various provisions of the Tax Cuts and Jobs Act (“TCJA”) nearing their end, here are a few things to be mindful of as we cruise into the 4th quarter of 2023. “Those who fail to plan, plan to fail.”

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2023 Year-End Tax Planning Strategies for Businesses

Cherry Bekaert

There are several key tax considerations and tactical approaches for businesses to address while closing out 2023 and moving into 2024. From leveraging tax incentives to optimizing deductions, this guide offers insights into tax planning to help businesses make informed decisions and set a solid foundation for the upcoming year.

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6 Trends That Are Shaping the Future of Tax and Accounting

Accounting Insight

As digital transformation continues to accelerate the evolution of tax and accounting, the players who expedite their embrace of these six tech trends will have an early mover advantage. The EU will require green energy and carbon footprint financial reporting in 2023, and the US will require it by 2026.

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How Your Small Business Can Prepare for Florida’s Minimum Wage Increase

xendoo

per hour by 2026, with the door open to possible increases in the years after that. hour on September 30, 2026. . hour on September 30, 2026. We can also help you with your Florida tax preparation , helping you to navigate the laws and changes that are likely to come your way in the immediate future.

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Opportunity Zones and Cost Segregation

KROST

Created by the Tax Cuts and Jobs Act (TCJA) in December 2017, taxpayers who meet the requirements for investing in an Opportunity Zone can potentially defer taxable gain on their current year gain and eliminate any gain on the new Opportunity Zone investment. Opportunity Zones are garnering increased interest across the country.