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State Income Tax Planning Considerations for a Liquidity Event

Withum

Make sure you are considering the type of income when implementing state income tax planning techniques. State Tax Rates States without personal income taxes allow taxpayers to significantly reduce their overall tax liability. Trust Planning Each state has different rules regarding the income tax of trusts.

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Professionals on the Move – Jan. 2024

CPA Practice

Kavanagh joins CohnReznick as Assurance Partner CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, recently announced that Charles (Chuck) Kavanagh , CPA has joined the firm as an assurance partner. DeRose, CPA, CGMA, as its new Managing Director. LGA, LLP Welcomes Jeffrey S.

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Demystifying Taxes for Startup Founders: Deadlines You Need to Know

Shay CPA

By 3/1: Deal with your Delaware to-dos Since so many tech companies are incorporated in Delaware, we wanted to call out deadlines specific to the state. By March 1, you need to both pay your franchise tax and file your annual report with the Delaware Division of Corporations. Disregard that.

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The New Tax Court Limited Partnership Ruling: What to Know

CPA Practice

Soroban Capital Partners (“Soroban”) is an investment firm which converted to a limited partnership from an LLC under Delaware Law with Soroban Capital Partners GP LLC (“Soroban GP”) being the general partner. Bradlow is a Partner and Chair of the Tax Practice Group at DarrowEverett LLP , a full-service business law firm.

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The Benefits of Delayed Business Filings

CPA Practice

Administrative considerations: If administrative or logistical challenges could cause delays, planning for a later filing date may provide the necessary time to address and overcome these issues. States with tighter schedules include Illinois and New York (up to 60 days) and Virginia (up to 15 days).

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Founders – Get Huge Tax Breaks by acting now!

Shay CPA

No gross receipts for any tax year before the 5-tax-year period ending with the tax year. Estimated Tax Planning for your Tech Company and Employees . Partnering with financial advisors or your retirement plan and hosting a year-end tax planning session to review 401k, Roth vs. Traditional IRAs.

Tax 59
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Challenges Facing the Real Estate Industry in the Wake of COVID & the Election

KROST

Volume 3, Issue 3 highlights some of the hot topics in real estate including 1031 Exchange, Cost Segregation, Opportunity Zones, Qualified Improvement Property, Delaware Statutory Trusts, and Green Building Tax Incentives.