Remove accountant Remove income tax Remove Pharmaceutical Remove tax planning
article thumbnail

Andersen Expands Presence in SoCal, Adds New Offices in Des Moines and Pittsburgh

CPA Practice

Peter DeGregori , founded Vertical Advisors, LLP in 2007 to work closely with middle-market business owners and privately-held companies and provide integrated and innovative tax, business and financial advisory services. Brad Smerage was a Partner at Hamilton Juffer + Associates and has over 25 years of tax experience.

article thumbnail

How Inflation and Supply Chain Disruptions Can Increase Your Business’ Tax Bill

Withum

Unfortunately, a deteriorated supply chain and increased inflation most likely will increase the tax bill for businesses that use the LIFO method of accounting. Utilizing LIFO when costs are rising due to inflation is generally advantageous for income tax purposes because sales prices are offset by higher inflated purchase costs.

article thumbnail

Year-End Tax Planning Strategies for Businesses

KROST

In the last few months of the year, it is important to consider year-end tax planning opportunities, as many may provide both immediate and long-lasting financial benefits. The Protecting Americans from Tax Hikes Act of 2015 made the R&D credit permanent. Accelerating income and postponing deductions.