Anders CPA

NOVEMBER 21, 2023

Year-end is approaching fast, which means this is the perfect time for businesses to make some final adjustments to their tax planning strategies. Consulting with a trusted tax professional to determine your eligibility for certain deductible activities is the best way to maximize your tax savings.

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Withum

NOVEMBER 29, 2022

The real estate industry has gotten very comfortable with the luxury of having 100 percent bonus depreciation on certain asset classes since it was re-enacted by the Tax Cuts and Jobs Act on September 27, 2017. This is a complex area with tax implications so please reach out to your real estate tax professional for guidance.

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CPA Practice

FEBRUARY 7, 2024

Investors can expect to account for the original (deferred) capital gains on the taxes that they file on or around April 2027. Investors who have already made investments in opportunity zones should be aware of the expiration and plan accordingly. Some dates to keep in mind Dec. The capital gains deferral benefit expires.

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Withum

FEBRUARY 26, 2024

Journal entry approval Tax Updates for Dealers Always a well-attended session is the tax update, where accountants and CFOs alike look to kick tax planning into gear for the upcoming year. For property placed in service after December 31, 2025, and before January 1, 2027, bonus depreciation would remain at 20%.

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Anders CPA

OCTOBER 17, 2023

While businesses were able to deduct 100% of a purchase made in 2021 on their 2022 tax year filing, bonus depreciation will be phased out and eventually sunset completely by 2027. Learn more about how our advisors can help you take advantage of tax incentives, and the associated costs, by contacting Anders below.

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CPA Practice

DECEMBER 29, 2023

Randy Johnston and Brian Tankersley, CPA, talk about the technology changes and new products they expect to see in the coming year. Intro: Welcome to the technology lab presented by CPA Practice Advisor with your hosts, Randy Johnston and Brian Tankersley. Use the podcast player below to listen. SPEAKERS Randy Johnston, Brian F.

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CPA Practice

JANUARY 16, 2024

The deduction dropped to 80 percent of those purchases last year and will phase out entirely by 2027, absent congressional action. Tax writers plan to end the pandemic-era employee retention tax credit program early to cover the cost of the deal. The deal would also allow small businesses to deduct up to $1.29

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