Withum

JULY 4, 2025

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. Applies to property placed in service after the date of enactment of the Bill, but before January 1, 2031.

income tax

Withum

JUNE 8, 2022

This means the tax rates will be higher and apply to more substances than they did in the past. These new excise taxes are set to expire 8½ years after they kick in ( i.e., on December 31, 2031), and they are expected to generate about $14 billion of revenue. Business Tax Services. poly(propyleneoxy)glycerol.

Tax

Withum

JULY 26, 2023

Any adjustment needed for a 2022 federal income tax return already filed which included the capitalization of research and experimental expenditures can either be amended or, at the taxpayer’s election, be treated as an automatic change in the method of accounting in the 2023 taxable year. billion in 2031.

Tax

Withum

AUGUST 11, 2022

The Superfund Excise Tax is established to raise funding for the Hazardous Substance Response Trust Fund which is administered by the Environmental Protection Agency and assists in the clean-up of hazardous waste sites when the owner or operator of the site cannot be identified. billion of revenue. You can access the EFTPS system here.

Tax