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Real Estate Business Provision and Initiatives Included in Bipartisan COVID-19 Agreement

KROST

This relief bill provides stimulus to individuals and businesses. As an industry impacted by the pandemic, real estate businesses can benefit from several key tax provisions in the package. Business Meals Deduction. Currently, the deductibility of business meals is limited to 50% of qualifying expenses.

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Skagit County SMBs: Note These Changing Business Tax Deductions

SkagitCountyTaxServices

Though that said, there does seem to be some easing on both of these fronts – and not necessarily because of the “Inflation Reduction Act” (more on that and business tax deductions in a minute). It can be difficult to see your way through it all and keep your business afloat. Business Tax Deductions: Meals and mileage.

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Professionals on the Move – Nov. 2023

CPA Practice

Hood & Strong Announces Audit Management Promotions Hood & Strong LLP, a leading Northern California public accounting and business consulting firm, recently promoted three audit team members to new and expanded roles. Murphy earned a Business Management Economics degree from the University of California, Santa Cruz.

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Using an Income Tax Preparation Service: Is It Worth the Cost?

MyIRSRelief

Another advantage of using a tax preparation service is the peace of mind that comes with knowing that your taxes are being prepared by professionals. Tax laws can be confusing and complicated, and it’s easy to make mistakes when preparing your own taxes.

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KROST Quarterly Magazine: The Technology Issue, Vol 4, Issue 2, is Now Available!

KROST

2021 Tax Planning for Tech Companies: Employee Retention and R&D Credits By Guest Contributor Mike Kniss. Disruption and Innovation: Streamlining Client Accounting Services (CAS) By Sossi Bekarain, CPA and Peter Minaian. Kniss, CPA, Managing Principal. Gregory Kniss, CPA, is Managing Principal of KROST.

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What is tax advisory?

ThomsonReuters

research and development credits) Trade and customs tax services and guidance Transfer pricing evaluation , documentation, and modification of existing policies Tax valuation services What does a tax advisor do? They may even be a tax attorney.

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A Cautionary Tax Planning Tale: Timing and Formalities Are Critical

CPA Practice

The business owners received a letter of intent on April 2015 from a buyer who would pay $92 million for their company. The business owners wished to make a contribution to utilize the type of tax planning referred to above, but only if the sale of the company actually closed or was completed.