Withum

JANUARY 5, 2024

The NYC Biotechnology Tax Credit offers a valuable financial incentive to investors and owners of qualified biotechnology companies. This credit can offset various taxes including business corporation tax, general corporation tax, and unincorporated business tax. State residency is not a requirement.

Tax 59

Tax corporation tax New York CPA 59

ThomsonReuters

FEBRUARY 6, 2024

Jump to: What is indirect tax? Types of indirect tax The value of indirect tax to tax professionals Differences between direct and indirect tax Tax planning and management is one of the primary areas accountants help their clients. Taxes are either direct tax or indirect tax.

Tax 52

Tax income tax Manufacturing corporation tax 52

Cherry Bekaert

JULY 14, 2023

Many of these startups are set up as pass-through entities (PTEs), which provide an easy conduit for one layer of flow-through taxation and often retain favorable exit opportunities from a tax perspective. As these startups grow and take on investors, it’s important that financial managers understand the state tax ramifications of growth.

income tax 97

income tax Technology Tax South Dakota 97

Shay CPA

DECEMBER 7, 2022

Before you shut down your tech company, you need to take some final tax steps. . We’ve seen founders left holding the bag in resolving tax issues, even years after they thought they had closed their companies. Sales tax accounts. State franchise and income tax accounts. New Jersey. You’re not there yet, though.

tax accountant 59

tax accountant Tax tax return Account 59

Withum

MAY 4, 2022

New York’s fiscal year 2023 budget bill that was enacted into law significantly expands the benefits of the state’s pass-through entity tax (“PTET”) for many businesses. Some of the major PTET highlights include amplifying the benefits for resident S corporation shareholders, as well as establishing a New York City PTET.

income tax 112

income tax New York Tax New Jersey 112

ThomsonReuters

DECEMBER 17, 2021

In 2022, tax authorities around the world hope to finalize the myriad details that will shape a Global Minimum Tax on multinational corporations — if they can reach consensus and make it happen. Reuters noted that this is “an extremely tight timeframe given that previous international tax deals took years to implement.”.

Tax 52

Tax corporation tax Delaware Washington 52

inDinero Tax Tips

APRIL 11, 2023

Incorporation is a critical legal matter that impacts more than your company’s tax responsibilities for doing business. Delaware is considered “the place” to establish your corporate entity as there’s no Delaware sales tax. Delaware is considered “the place” to establish your corporate entity as there’s no Delaware sales tax.

Delaware 52

Delaware Nevada Tax Sales 52

Accounting Insight

MARCH 3, 2023

As digital transformation continues to accelerate the evolution of tax and accounting, the players who expedite their embrace of these six tech trends will have an early mover advantage. And governments around the world – 136, to date – have also already agreed to adopt the 15% minimum corporate tax.

Tax 52

Tax Account accountant accounted 52

Accounting Today

JANUARY 19, 2024

The city cites corporation business tax "deficiencies" for 2017 through 2021 and is also seeking interest and penalties from the failed bank.

Tax 70

Tax business tax New York corporation tax 70

CTP

MARCH 30, 2023

At the end of 2018, to the dismay of the IRS and the Tax Court, the Second Circuit joined the First and Sixth in reversing the Tax Court’s decision in the Summa Holdings “substance over form” matter. The father and mother lived in New York and their two sons lived in Massachusetts.

income tax 98

income tax Ohio Massachusetts Tax 98

Going Concern

OCTOBER 1, 2022

Years-long trend of consolidation reaches city’s largest accounting firms [ Crain’s New York Business — subscription ]. Known for their high-end tax services, TPC is especially strong in corporate tax, serving public and private enterprises. This complements Baker Tilly’s strong corporate tax talent.

Non-Profits 96

Non-Profits audit auditor public accounting 96

Going Concern

DECEMBER 15, 2023

Discovery ends, meaning that the company can get involved in possible M&A without having to worry about a tax penalty. a multiday conference PwC hosts as part of its “New Equation” global strategy, which aims to help business leaders earn trust in an evolving multi-stakeholder world. “Our HURRY UP, January is almost here.

audit 107

audit Technology accounting and finance Legal 107

PYMNTS

JANUARY 18, 2021

This week's B2B Data Digest takes a look at the numbers behind the latest instances of fraud, including fraudulent invoices, corporate tax scams and more. $19 Reports in Boss Hunting said two brothers based in New York are accused of committing fraud with the eCommerce conglomerate by posing as a legitimate B2B wholesaler. .

B2B 87

B2B Massachusetts accounts payable tax return 87

PYMNTS

JULY 26, 2018

corporations from remaining optimistic, according to the New York Times. Reports this week highlighted the National Federation of Independent Business’s (NFIB) latest optimism index, which recently reached new highs. The White House’s corporate tax cuts, however, are boosting earnings and bumping up ROIs.

corporation tax 40

corporation tax New York Manufacturing Finance 40

PYMNTS

JANUARY 9, 2019

That’s after a record high for the Index of 108.8 last August.

Michigan 67

Michigan bookkeeping corporation tax New York 67

inDinero Tax Tips

APRIL 20, 2021

Incorporation is a critical legal matter that impacts more than your company’s tax responsibilities for doing business. Delaware is considered The Place to establish your corporate entity. Delaware does tax companies. With so few taxes, how does Delaware rake it in? The Delaware franchise tax. and 11:59 p.m.

Delaware 64

Delaware Wyoming Nevada Oregon 64

Withum

NOVEMBER 17, 2022

2022 Tax Brackets and Rates. 2022 Long-Term Capital Gains Tax Bracket. Year-End Tax Strategies for Individuals. Most of the income tax proposals in the 2021 “Build Back Better” bill did not make it into the IRA. General Income Tax Planning. DEDUCTION AMOUNT: $19,400. Taxable Income Over.

tax planning 98

tax planning Tax Construction income tax 98

ThomsonReuters

MARCH 18, 2021

When you automate your tax processes , workflow management significantly improves. Automated workflow management eliminates obstacles and drives greater efficiency and accuracy across your entire tax compliance system. A tax-sensitized ERP approach ensures that you’re getting the right data for a specific transaction.

Tax 98

Tax Technology corporation tax Start-ups 98

Going Concern

JANUARY 2, 2023

Before I wrap this up I want to call attention to a New York Times article from August that we meant to get to earlier in the year but never did. So what do we know about the accounting rule makers and the leaders of the foundation that oversees them, who could all of a sudden have a big say in tax policy?

accounting standards 88

accounting standards corporation tax accounting and finance Alabama 88

Going Concern

AUGUST 5, 2022

Meet the accountants who may become the new power brokers of taxes. [ public company accounting regulator will not accept any restrictions on its access to the audit papers of Chinese companies listed in New York, its chair said on Monday, confirming a Reuters story published last week. New York Times ] Charles P.

Account 97

Account accountant accounted audit 97

Going Concern

JANUARY 27, 2023

This week in tax: PwC partner banned in Australia over tax leaks [ International Tax Review ] Peter-John Collins, former head of international tax at PwC Australia, has received a two-year ban from serving as a tax agent after leaking confidential information. Collins left the ‘big four’ firm in October 2022.

auditor 106

auditor accounting firms Account accountant 106

PYMNTS

NOVEMBER 24, 2017

According to news from Reuters , strong business investment and tightening labor market conditions likely mean the Federal Reserve will raise interest rates next month. Core capital goods shipments have been increasing since February, partly due to expectations that Republicans will push through hefty corporate tax cuts.

corporation tax 53

corporation tax Pennsylvania New York Manufacturing 53

PYMNTS

JULY 2, 2018

With Chief Justice Anthony Kennedy announcing retirement plans, and with expectations for President Donald Trump to appoint a conservative justice to fill Kennedy’s spot, analysts expect the Supreme Court lineup to continue to favor corporate litigants. Fifteen U.S. According to reports, business investment was up 3.6 ”

Minnesota 40

Minnesota Washington Tax corporation tax 40

PYMNTS

JANUARY 19, 2017

Though the Commonwealth of Puerto Rico remains in a fiscal crisis — burdened with more than $70 billion of debt and a cut to corporate tax breaks — Puerto Rican officials are looking to technology and entrepreneurship as part of a new economic development plan, TechCrunch reported.

Technology 44

Technology Indiana Manufacturing corporation tax 44

CPA Practice

MARCH 9, 2023

Taylor, Kiplinger Consumer News Service (TNS) President Biden’s FY 2024 budget—released today—proposes several tax changes aimed at wealthier taxpayers. Among the tax proposals, which will likely stall in a divided Congress, are notable tax rate increases for Medicare and capital gains.

Tax 105

Tax income tax Massachusetts corporation tax 105

CPA Practice

MARCH 15, 2023

Taylor, Kiplinger Consumer News Service (TNS) President Biden’s FY 2024 budget—released today—proposes several tax changes aimed at wealthier taxpayers. Among the tax proposals, which will likely stall in a divided Congress, are notable tax rate increases for Medicare and capital gains.

Tax 98

Tax income tax Massachusetts corporation tax 98

CPA Practice

JANUARY 23, 2023

By Marsha Mercer, Stateline.org (TNS) As inflation soared in the past year, families in some states suffered a double whammy—paying food sales taxes on top of higher-priced groceries. At least five of the 13 states where groceries were taxed as of last Jan. Grocery taxes that remain are “there for a reason. In 2021, about 13.5

Idaho 111

Idaho South Dakota Tax Kansas 111

CPA Practice

JANUARY 12, 2024

By Caitlin Reilly, CQ-Roll Call (TNS) A bipartisan, bicameral $70 billion tax agreement taking shape on the Hill is drawing mixed reviews, pointing to potential challenges ahead for Senate Finance Chair Ron Wyden and Ways and Means Chairman Jason Smith. said, referring to the child tax credit. “In Thom Tillis, R-N.C.,

Tax 98

Tax Idaho Iowa New York 98

PYMNTS

NOVEMBER 3, 2017

The GOP released its tax plan Thursday (Nov. 2), offering a glimpse into its Tax Cuts and Jobs Act that includes plans for corporate taxes. According to reports in The New York Times , Republican tax reform efforts would impose a minimum global tax of 10 percent for American multinational corporations.

corporation tax 40

corporation tax Tax tax planning Florida 40

CPA Practice

MARCH 26, 2024

By Laura Davison, Bloomberg News (TNS) The progressive rallying cry of “tax the rich” has morphed into a popular policy stance with voters in the key states that will decide the 2024 election, enjoying support even among those who prefer billionaire Donald Trump, according to the latest Bloomberg News/Morning Consult poll.

North Carolina 69

North Carolina Wisconsin Nevada Tax 69

PYMNTS

NOVEMBER 18, 2020

But as The New York Times reported , with what Biden has termed a “dark winter” ahead shaped by the pandemic, he has stated that an economic stimulus package is necessary — targeting payouts to individuals, businesses and local governments. Among them: student loan relief, middle class tax relief and increases in payroll taxes.

Vermont 69

Vermont Georgia payroll tax Manufacturing 69