This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
On Monday, May 12, 2025, the House Ways and Means Committee released additional details about its proposed tax legislation, The One, Big, Beautiful Bill. While the bill may undergo further changes in the Senate, it lays the foundation for 2025 tax reform. The existing regulations are set to expire on December 31, 2026.
The corporate tax rate is currently a flat 21% rate. There is also a 15% corporate alternative minimum tax (CAMT) based on book income for companies with average annual adjusted financial statement income exceeding $1 billion. Please work with your tax advisor for future planning.
If your firm or internal team is having a tough time sourcing qualified remote tax and accounting professionals, you’re not alone—and you’re not out of options. Whether you’re looking for talent in tax, audit, accounting, or project-based roles, we’ve got candidates worth your time. We’ve Got You Covered.
Your Complete Guide to Tax Help in San Diego, California: Frequently Asked Questions Expert Tax Resolution Services by Mike Habib, EA – Serving the Greater San Diego Metropolitan Area About Our San Diego Area TaxServices Q: Which areas does Mike Habib, EA serve in the San Diego metropolitan region?
EDT 5 Min Read Facebook Twitter LinkedIn Email Seeking shelter; please be Gentle; where the heart is; and other highlights of recent tax cases. Nixa, Missouri: Tax preparer Tina Louise Yager has pleaded guilty to making false and fictitious claims against the U.S. million in taxes on income he earned from his business.
Your Complete Guide to Tax Help in Cleveland, Ohio: Frequently Asked Questions Expert Tax Resolution Services by Mike Habib, EA – Serving the Greater Cleveland Metropolitan Area About Our Cleveland Area TaxServices Q: Which areas does Mike Habib, EA serve in the Cleveland metropolitan region?
Taxfyle rolls out TXF Intelligence for smaller practitioners Tax solutions provider Taxfyle announced the release of its new TXF Intelligence product, a generative AI tool built to automate and streamline tax return preparation for small tax and accounting firms in the U.S. All rights reserved.
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!
However, services are not considered property under IRC Section 721. Therefore, the exchange of a partnership interest for services does not qualify for this treatment and may result in tax consequences for both the partner and the partnership, contingent on the type of interest received. Commissioner, 1971 , and Campbell v.
The firm says it serves small to midsized organizations in the family-office, nonprofit, and realestate industries. Their people, specialized expertise, and strong service culture align perfectly with ours, and together we’ll deliver even greater impact for our clients. Founded in 2012 and recognized on the Inc.
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!
Delaware Statutory Trusts (DSTs): A Strategic Option for 1031 Exchange Investors For many realestate investors, the desire to defer taxes on a property sale through a 1031 exchange has proven invaluable. This setup is appealing for investors who want a passive role in realestate investment.
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!
The move will significantly enhance ZBS’s portfolio and expand its service offerings to a broader base of clients, the firm said in a media release. “We We are excited to welcome Saul Rosenberg into the ZBS Group family,” Michael Zaidman, tax partner at ZBS Group, said in a statement.
If your firm or internal team is having a tough time sourcing qualified remote tax and accounting professionals, you’re not alone—and you’re not out of options. Whether you’re looking for talent in tax, audit, accounting, or project-based roles, we’ve got candidates worth your time. We’ve Got You Covered.
Introducing Our 15 New Partners Conor Barnes is the Team Co-Leader for the Music Industry Services Team and the Theatre and Entertainment Services Team with a focus on taxservices. Emily Egkan is the Team Co-Leader for the Firm’s Construction Services Team with a focus on taxservices.
The days agenda covered a wide range of topics including general tax administration, artificial intelligence tools, technical assistance and an update from general counsel. The department also gave an update on its software system transformation initiative, which should not impact or interrupt how taxpayers report and remit their taxes.
EDT 1 Min Read Facebook Twitter LinkedIn Email Daniel Leal-Olivas/AFP/Getty Images Deloitte Tax LLP has acquired certain assets of Trust Processing Solutions LLP, a boutique firm specializing in fiduciary trust services, based in Cincinnati. The Deloitte Tax ITG and former TPS employees will form a single team.
EDT 6 Min Read Facebook Twitter LinkedIn Email Underhanded underground; down on the farm; reality check; and other highlights of recent tax cases. Augusta, Georgia: Two ghost preparers have pleaded guilty to a tax scheme. All rights reserved. By Jeff Stimpson July 10, 2025, 6:14 p.m.
EDT 6 Min Read Facebook Twitter LinkedIn Email Big rigged; fearsome foursome; NYPD blue; and other highlights of recent tax cases. Union City, Georgia: Truck driver Dantavious Jackson, 39, who operated a ghost tax prep business, has pleaded guilty to making claims for refunds of false pandemic-related employment tax credits.
These are hand-picked tax, audit, and accounting professionals with all kinds of experience sure to meet your needs. Tax The Risk of California FTB Audits is Increasing [ JD Supra ] Did you know that the number of California FTB audits is increasing when compared to the trend of IRS audits in 2025?
and other highlights from our favorite tax bloggers. It is done Eide Bailly ( [link] ): For lawmakers, officials and tax experts, its been a whirlwind of activity and work. Dont Mess with Taxes ( [link] ): A look at the new $6,000 seniors tax break courtesy of the OBBBA. Tax strategies for law firm partners.
The combination of LMC and Kepniss promises to expand both firms services, especially in tax advisory, realestate-related services, and specialized planning for high-net-worth individuals. Kepniss and Di Palma founded their firm in 1994, and it specializes exclusively in taxservices.
CALIFORNIA Daniel Zaninovich was hired as a commercial realestate partner at CohnReznick, Los Angeles. NEW JERSEY Antonio Ribeira was named practice leader for realestate at HBK CPAs & Consultants, Holmdel. All rights reserved. relocate offices; and more news from across the profession. DELAWARE Herbein + Co.
Lake is a director of taxservices at Berkowitz Pollack Brant Advisors + CPAs, where she leads the state and local tax practice. Additionally, the FICPA Scholarship Foundation appointed Jennifer Keller, a leader in Crowes national retail dealer services group, as its 2025-26 chair on July 1. All rights reserved.
The COVID-19 pandemic has had a dramatic impact on commercial realestate 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 realestate – GREEN STREET ADVISORS. not insolvent).
For Glendale residents and businesses, as well as those in nearby cities like Pasadena, Burbank, and Whittier, tax season can feel like a daunting maze of forms, deadlines, and IRS complexities. Fortunately, Mike Habib, EA, and his esteemed tax firm, based in nearby Whittier, offer a beacon of clarity and expertise.
There’s always something changing in the world of tax, especially sales tax. The fee will apply when at least one item is subject to sales or use tax and the delivery is mailed, shipped or delivered by motor vehicle. its Sales Tax Bulletin No. Here’s a review of some of the recent changes and updates. Indiana modified?its
Contributor: Chelsea Payne , Senior Manager, TaxServices 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. The seller recognizes gains as the buyer makes payments of principal on the note.
Contributor: Michael Wallach, Senior Manager In 2019, a qualified opportunity fund (QOF) within a large realestate holding company (the Company) invested in a qualified opportunity zone business (QOZB), which purchased land for development opportunities. Guidance Our professionals helped the Company evaluate its options.
RealEstate Market Trends The U.S. realestate market has been experiencing a significant increase in the demand for residential realestate due to a growing population of people looking to buy homes or invest in realestate properties. realestate market as a stable investment opportunity.
The Tax Cuts and Jobs Act of 2017 (TCJA) gave way to the OZ program, which instantly became a hot topic across the realestate industry. The program intrigued investors with opportunities to defer tax on their capital gains until December 2026 and receive a stepped-up basis in their investment for at least 10 years.
Contributor: Michael Wallach, Senior Manager, TaxServices Established by the Tax Cuts and Jobs Act, the Opportunity Zone program has been a focal point for investors seeking tax incentives while simultaneously revitalizing economically distressed communities.
realestate industry, a realestate investment company’s (the Company) portfolio ranges from single-family housing across the Midwest to commercial, hospitality and mixed-use properties all over the Southeast. realestate, while taking advantage of any strategic tax benefits that coincided with a desired new investment.
The COVID-19 pandemic created a vast network of small business relief programs in the form of loans, grants, tax credits and direct payments. Now that these programs are expiring it is time to report all these funds on taxpayer’s 2021 business tax returns. Q7: When do I report the tax-exempt income relating to PPP loan forgiveness?
Withum is excited to welcome Lynn Mucenski-Keck to the Firm’s National TaxServices Group in the role of Principal, specializing in tax planning for businesses. With over 20 years of experience, Lynn has industry expertise in healthcare, hospitality, realestate and manufacturing distribution and logistics.
Tax season is a critically busy time of the year for accountants, and we all know the stress that can come with such a high demand for services during that part of the year. But for some tax and accounting firms, the high volume of clients from January to April represents the majority of their business for the year.
Chad Halstead, partner in Katz, Sapper & Miller’s TaxServices Group, and Tim Cook, CEO of KSM Location Advisors, will present at ULI Indiana's February Breakfast Series Program, “Tax Reform’s Impact on the RealEstate Industry,” Feb. 22 at the Indiana Landmarks Center.
Ideal candidates for grants are: Businesses looking to expand or develop a realestate project Scaled non-profits Certified minority-owned companies Of course, other businesses can also qualify for grants, but those that fit into the categories above are ideal candidates. . based jobs.
If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. Whether it’s advising on residential energy tax credits or restructuring a partnership, your knowledge and expertise beyond the tax return are valuable.
Ryan Brandt is a seasoned tax compliance expert specializing in manufacturing, distribution and logistics, realestate, 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.
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.
Steve Martini , CPA, MBA Founding Tax and Business Advisory Partner, Martini Partners. Additional strengths resulting from the Withum and Martini Partners union include enhanced industry expertise and specialized taxservices in the Consumer Products, Entertainment, Hospitality, Healthcare, RealEstate and Technology industries.
You’ll thank yourself for filing business taxes according to the prescribed deadlines. Not only will this save you from sweating over a shoebox full of receipts, but making on-time tax payments will save you from any late fees or interest payments. What Is the Business Tax Filing Deadline for 2022?
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content