CPA Practice

JUNE 23, 2025

Prior to his time in Congress, Long was a real estate broker for 32 years and an auctioneer for 31 years, and he was inducted into the National Auction Association Hall of Fame in 2016. representative for Missouri’s 7th congressional district from 2011 to 2023. Long also was a radio talk show host from 1999 to 2006.

Missouri

Withum

MAY 16, 2022

The COVID-19 pandemic has had a dramatic impact on commercial real estate values, and in some cases resulted in property no longer being able to support the debt with which it is encumbered. How coronavirus hit commercial real estate – GREEN STREET ADVISORS. Business Tax Services. not insolvent).

Real Estate

KROST

JANUARY 25, 2021

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.

Real Estate

SkagitCountyTaxServices

AUGUST 19, 2022

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.

business tax

Withum

JUNE 29, 2023

Ryan Brandt is a seasoned tax compliance expert specializing in manufacturing, distribution and logistics, real estate, cannabis and private client services. Devin Desmond is an expert in audits of insurance organizations and not-for-profits and is a leader on the Firm’s Not-for-Profit Tax Team.

E-commerce

MyIRSRelief

MAY 1, 2024

Navigating complex tax codes, understanding specific forms like 1120, 1120S, and 1065, and ensuring compliance can feel like deciphering ancient scrolls. Here’s where a qualified business tax professional becomes your secret weapon. This article dives deep into the critical role of tax professionals for small businesses.

Tax

MyIRSRelief

JANUARY 16, 2023

Income tax preparation services use the latest security measures to protect your information, so you can rest assured that your personal and financial information is safe. Another advantage of using an income tax preparation service is that they can help you plan for the future.

tax preparation

CPA Practice

NOVEMBER 29, 2023

FTI Consulting Announces New Real Estate Business Tax Advisory Leadership FTI Consulting, Inc. NYSE: FCN) recently announced the appointment of McRae Thompson as a Senior Managing Director and Leader of the Real Estate Tax Advisory Services offering within the firm’s Corporate Finance & Restructuring segment.

Real Estate

ThomsonReuters

JULY 6, 2023

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?

Tax

Withum

JANUARY 25, 2023

For example, it is not uncommon for operations to be placed in a separate business entity from real estate operations. Oftentimes, real estate operations are engaged in financing arrangements to purchase the property. Let’s Chat The post Congress Fails To Pass Key Tax Extenders, Now What?

Tax

KROST

JULY 15, 2021

2021 Tax Planning for Tech Companies: Employee Retention and R&D Credits By Guest Contributor Mike Kniss. Bob has 40 years of experience providing tax advice and compliance services to clients in a variety of different businesses and industries. Tax , Technology Industry. David Troost, CPA, Senior Manager.

Technology

MyIRSRelief

NOVEMBER 19, 2021

That’s why so many people choose to hire a tax preparer/ EA, Attorney, CPA, they don’t want the hassle of doing it themselves, and they trust an expert to handle their business. Tax credits to look out for. Earned Income Tax Credit (EITC). Small-business tax credits.

Tax

ThomsonReuters

MARCH 9, 2023

In this post, we will highlight 3 of our top resources included in our Tax Season Toolkit : Year-End Tax Planning for individuals and businesses, How APIs can help transform your practice, and a Case Study detailing how GoSystem Tax RS and GoFileRoom helped a firm. What’s new? •

Tax

CPA Practice

DECEMBER 10, 2024

With eight years of public accounting experience, Austin prepares and reviews complex tax returns for high-net-worth individuals, families and their associated entities, including fiduciary, gift and business tax filings.

public accounting

ThomsonReuters

MARCH 1, 2024

Itemize business deductions Like most businesses, S corps can reduce their tax burden by deducting expenses related to operation of the business. Unfortunately, IRS guidance is notoriously obtuse, so consulting a tax professional familiar with the type of business you have can help immensely.

corporation tax

LyfeAccounting

JULY 28, 2021

And we mean why not involve your kids in your business, show them the ropes, and teach entrepreneurship? All while saving thousands of dollars on taxes. We actually recommend this a lot to our clients as a strategy when they work with our tax planning services. But there are rules and a proper way to do it.

Tax

LyfeAccounting

APRIL 23, 2021

And what if we told you the business tax code was actually set up for you to do so? Like a lot of real estate agents, product owners, and content creators, they want to purchase a vehicle for business purposes and just write off all the expenses. ” But hold on, what if we told you, you can get it for free.

Tax

ThomsonReuters

FEBRUARY 8, 2024

Tip : The QBI also has up to a 20% deduction, calculated separately, for Real Estate Investment Trusts (REITs) and publicly traded partnerships (PTP), but there are certain limitations. Indeed, calculating QBI can be quite complex, so consultation with a tax professional is advised. It’s also surprisingly affordable.

Tax

CPA Practice

SEPTEMBER 19, 2023

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.

tax planning

LyfeAccounting

MAY 18, 2021

The first tax mistake that we see new business owners make is not having a separate bank account for just their business. It is so important to do this so you can clearly keep track of all of your business income and expenses. After all, you want to write off as many business tax deductions as possible.

Tax

LyfeAccounting

OCTOBER 29, 2020

?. President Trump vs Biden Tax Plan. With the US presidential election is right around the corner, and since we’re an accounting firm that loves taxes, it’s only right that we make a post discussing President Trump’s Tax Plan vs Former Vice President Joe Biden. Individual Tax Rates. Why does it matter?

tax planning