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Fiscal Year 2023 Revenue Proposal: How Does the Biden Administration’s Proposal Impact the Real Estate Industry?

KROST

If you are in the real estate space, it is important to know that many of the proposal’s provisions will negatively impact the real estate industry. Below are the highlights of the proposal that would heavily affect the real estate industry. Tax Long-Term Capital Gains at the Ordinary Income Rate.

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Professionals on the Move – August 2023

CPA Practice

Professionals on the Move is a round-up of recent hiring and promotion announcements from across the accounting space. Morris has over 10 years of public accounting experience in various areas of tax compliance and consulting. He also has extensive experience serving the employee benefit plans of his clients.

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12 Tips for Self-Employed Taxpayers

CPA Practice

Whether you’ve been self-employed for ages or are one of many entrepreneurs to have launched a business recently, lowering your taxes is always a savvy business strategy. Self-Employment Taxes: One of the most common self-employment deductions is self-employment tax.

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Friday Footnotes: Work-Life Balance, Does It Work?; Big 4 Firms Slash Job Postings; She Doesn’t Even Go Here! | 2.16.24

Going Concern

The Conflict Surrounding Work-Life Balance in Public Accounting Firms [ CPA Journal ] For years, the public accounting sector has been characterized by high employee turnover. In the past few decades, public accounting firms have implemented work-life balance practices as part of their attempts to curb excessive turnover.

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JHM Merges in CPA Firm Harting, Bishop & Arrendale

CPA Practice

Top 500 accounting firm JHM Certified Public Accountants, based in Chattanooga, is expanding its presence in eastern Tennessee by combining with Harting, Bishop & Arrendale (HBA) in Cleveland, TN. The combined firm will operate under the name of JHM Certified Public Accountants.

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Schneider Downs Announces Seven Additions to Ownership Group

CPA Practice

Schneider Downs, one of the 60 largest certified public accounting and business advisory firms in the United States, is proud to announce the addition of seven new shareholders to its ownership group. Morris has over 10 years of public accounting experience in various areas of tax compliance and consulting.

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California Small Business Hiring Tax Credit

KROST

Senate Bill 1447 was enacted on September 9, 2020, to offer new credit called Small Business Hiring Tax Credit to qualified California small business employers who can use it to offset state income tax or sales and use taxes. Tax , Real Estate , Technology , Hospitality. So Sum Lee, CPA , Principal.