CPA Practice

JUNE 26, 2025

For example, asset managers and construction and real estate respondents were more likely to be implementing technology to reduce costs — and conducting proactive, high-frequency scenario planning. debt on the economy. debt on the economy. Supply chain adjustments were the most common response, but solutions varied by industry.

Finance

CPA Practice

JUNE 19, 2025

CohnReznick Brings on Assurance Partner Nocco CohnReznick recently announced that Paul Nocco, CPA, has joined the firm as an assurance partner who will focus on serving clients in the Commercial Real Estate industry.

Real Estate

CTP

JANUARY 17, 2025

If a clients tax refund seems unusually high, the IRS may initiate an audit to request supporting documentationagain, this is true if even the refund is valid. The taxpayers Schedule C reports over $250,000 in gross receipts or under $30,000 in net income. Tax returns in these categories have more than a 4% chance of getting audited.

audit

CPA Practice

JULY 7, 2025

Kepniss & Associates in New Jersey The deal enables LMC to expand its service offerings, particularly in tax advisory, real estate-related services, and specialized planning for high-net-worth individuals.

North Carolina

CPA Practice

JULY 25, 2025

His areas of tax expertise include partnerships, including allocations, tax planning and structuring. He has experience serving clients in a variety of industries including energy and natural resources, real estate, manufacturing and retail. His experience spans a variety of industries and includes private equity.

West Virginia

Going Concern

JULY 10, 2025

TAX CANDIDATES FTE Tax and Advisory | Candidate ID #24421361 Certifications: CPA Education: BBA Accounting Experience (years): 30 years accounting experience Work experience (detail): 10+ in public accounting Manages a book of clients, tax prep, sign off, advisory Leads client tax planning and transaction advisory Researches and presents tax savings (..)

Real Estate

Withum

JULY 11, 2025

Irrevocable Non-Grantor Trusts: Trusts that generally pay their own tax and allow for the shifting of income, as well as maximizing deductions available at the trust level. Additional considerations for income tax planning opportunities are discussed later in this article.

income tax

Accounting Today

JULY 10, 2025

Brown and other ghost preparers who worked with him falsified 63 federal income tax returns for clients, causing the Treasury to issue $1,003,631 in false tax refunds. He owned and operated We Are Taxes and boasted that "Everyone Gets a Check!" All rights reserved. Brown had clients pay him a 10% fee of each refund.

Tax

Accounting Today

JULY 21, 2025

Most of the companys income was generated from the Ohio Department of Disabilities, which receives its funding through Ohio Medicaid. IRS records analysis confirmed that the defendant did not file income tax returns for 2015 and 2016, but he eventually prepared and filed those documents two years later, in April 2018.

Rhode Island

CPA Practice

JUNE 27, 2025

Technology June 27, 2025  Ledgre Launches AI Tax Assistant for Rental Property Owners The accounting platform built for landlords and real estate investors has launched Ledgy, an AI tax assistant designed to simplify and support the bookkeeping and tax experience for rental property owners.

Technology

CPA Practice

JULY 9, 2025

For example, asset managers and construction and real estate respondents were more likely to be implementing technology to reduce costs — and conducting proactive, high-frequency scenario planning. debt on the economy. debt on the economy. Supply chain adjustments were the most common response, but solutions varied by industry.

Finance

Accounting Today

JULY 15, 2025

The February deadline applies to: Any individual, business or tax-exempt organization that has a valid extension to file their 2024 return due to run out on Oct. 15, 2025; Quarterly estimated income tax payments normally due on Sept. 15, 2026; Quarterly payroll and excise tax returns normally due on July 31, Oct.

Texas

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

CPA Practice

JULY 29, 2025

Others pointed to real estate as a driving force. But leadership often can’t shake the old-school belief that if you’re not at your desk, you’re not really working,” another person said. A recent University of Pittsburgh study found that allowing people to work from home actually increases productivity.

Technology

CTP

DECEMBER 8, 2022

Using real estate as a source of income is only becoming more popular with the advent of sites like Airbnb and VRBO that enable homeowners to earn extra cash from property they already own. Taxpayers who are new to leveraging real estate for income may be unfamiliar with the tax loopholes available to them.

Real Estate

Cherry Bekaert

NOVEMBER 14, 2023

Contributor: Chelsea Payne , Senior Manager, Tax Services As the end of the year approaches, strategic planning remains crucial for taxpayers looking to optimize their financial positions and set the stage for a strong start in the upcoming fiscal year. Each state has different eligibility requirements and PTE election regimes.

Real Estate

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. However, the resulting forgiveness of a portion of the debt does not automatically result in federal taxable income. Business Tax Services.

Real Estate

MyIRSRelief

JANUARY 16, 2023

When it comes to tax season, many people are faced with the decision of whether to prepare their own taxes or use an income tax preparation service. While it may seem like an added expense, there are many benefits to using a professional tax preparation service that make it well worth the cost.

tax preparation

Cherry Bekaert

NOVEMBER 29, 2023

Prepare for the 2023 tax season with our comprehensive tax planning checklist for individuals. Expert advice on life changes, investments, IRAs, and estate planning. Do you receive income from a pass-through business? How will your income change in 2024? Do you make charitable contributions?

tax planning

Withum

NOVEMBER 17, 2022

Most of the income tax proposals in the 2021 “Build Back Better” bill did not make it into the IRA. General Income Tax Planning. Postpone income until 2023 and accelerate deductions into 2022. Estate Tax Planning. 2022 Year-End Tax Planning Resources.

tax planning

Withum

JULY 29, 2024

Every real estate investor’s goal is to earn income from the cash flow and the appreciation of their investment. Sale of Property The least tax efficient option in selling a property may be to pay taxes on the gain resulting from the sale.

Real Estate

LyfeAccounting

DECEMBER 30, 2020

In fact, the president’s tax returns show he paid just $750 in federal income taxes in 2016 and 2017. So I decided to take a deeper look into it and share how you could also pay very little in taxes with real estate. But it’s important that you first understand how taxes work. INCOME TAXED.

Real Estate

Going Concern

AUGUST 29, 2024

ACCOUNTING CANDIDATES FTE Accounting | Candidate ID #22164759 Certifications: CPA in process Education: BA and MA Accounting Experience (years): 20 years business experience Work experience (detail): 6+ in public accounting Provides accounting services for multiple clients Payroll processing and tax filing Prepares Federal filings for SMBs, S-Corps (..)

Real Estate

LyfeAccounting

MAY 13, 2021

If you’re thinking about selling real estate, one thing that you need to keep in mind is the amount of taxes you’re going to pay on that sale. Uncle Sam’s piece of the pie is called the capital gains tax. Uncle Sam’s piece of the pie is called the capital gains tax. Both of these taxes are taxed differently.

Real Estate

CPA Practice

JULY 31, 2023

Morris has over 10 years of public accounting experience in various areas of tax compliance and consulting. He is experienced in working with the management of closely held businesses in implementing tax-planning strategies, as well as providing private equity and capital groups with tax forecast, advisory and compliance-related services.

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

SkagitCountyTaxServices

AUGUST 19, 2022

With increased funding to the IRS and increased chatter about “tax dodging,” small businesses truly are in the crosshairs during this cultural moment. Tax planning in your business needs to become a priority. Miscellaneous business tax deductions – but still valuable. Direct business expenses are fully deductible.

business tax

Cherry Bekaert

FEBRUARY 19, 2024

Company Background A family-owned, closely held real estate LLC valued at $50-70 million sought out Cherry Bekaert for estate planning guidance to ensure the business remained in the family. The SLAT structure provided significant advantages, including valuation discounts, income tax benefits and asset protection.

Real Estate

CPA Practice

SEPTEMBER 12, 2024

He is part of a team that works with businesses to deliver outsourcing, assurance, and tax services. He works with clients in various industries including, but not limited to, manufacturing and distribution, real estate, and professional services. Matt holds a Masters in Accounting and an MBA from the University of Colorado.

Kansas

Dent Moses

MARCH 17, 2022

The deduction is commonly referred to as SALT, which is short for state and local tax. This includes real estate taxes, personal property taxes (ie car or boat tags) and state and local income taxes. The deduction is calculated based on when the taxes are actually paid rather than incurred.

Alabama

Withum

JANUARY 25, 2023

The inability of Congress to include key tax extenders in the Consolidated Appropriations Act of 2023, signed into law on December 29, 2022, will increase the federal income tax bill for the majority of U.S. Coming into the new year, business owners likely breathed a sigh of relief that no major tax legislation was passed.

Tax

MyIRSRelief

OCTOBER 30, 2023

Income Tax Return for Estates and Trusts, is a complex tax form that is used to report the income and expenses of estates and trusts. The fiduciary of an estate or trust is responsible for filing Form 1041, which is due on April 15th each year (unless an extension is filed). Form 1041, U.S.

tax preparation

CPA Practice

FEBRUARY 8, 2023

Collectively, the professionals joining Andersen deepen the firm’s expertise serving high net worth individuals, families, and businesses across a range of industries, including real estate, manufacturing, construction, professional services, hospitality, entertainment, technology, retail, financial planning, and agriculture.

Real Estate

CPA Practice

JULY 11, 2023

Morris has over 10 years of public accounting experience in various areas of tax compliance and consulting. He is experienced in working with the management of closely held businesses in implementing tax-planning strategies, as well as providing private equity and capital groups with tax forecast, advisory and compliance-related services.

Real Estate

Withum

MARCH 1, 2023

If you have a complicated tax return and the tax comparison schedule is inadequate, then you should prepare your own schedule, and I suggest using spreadsheet software. The differences should primarily be a function of your withholding and estimated tax payments. This process should also include state and local income taxes.

tax return

xendoo

NOVEMBER 23, 2020

Are you claiming all the income tax deductions you’re entitled to? Deduct insurance premiums on the company’s real estate holdings and equipment. Real Estate Taxes. Any real estate taxes you pay to your state, city, and even another country are deductible. Home Office.

Tax

LyfeAccounting

JUNE 7, 2021

Did you know that some countries have zero income taxes? If you use places like Dubai, Monaco, or the Bahamas as your primary residence then you don’t have to pay any taxes. Well, there are other states that give you great tax benefits as well. For example, you make $100 passive income, but you have $150 in depreciation.

Legal