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IRS Grants a “Do Over” to a Taxpayer Engaging in a Qualified Rollover

Withum

Both of these limitations apply on a per-issuer and per-taxpayer basis, and while the exclusion is limited to the greater of the two rules, in practice, the $10 million rule is most often the limiting factor in start-up ventures. For more information on this topic, please contact a member of Withum’s Business Tax Services Team.

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Five signs you’re ready to be your own boss

ThomsonReuters

When I worked for a former employer, they did nothing but tax returns for their clients – no tax planning, no projections, no advice around law changes – that was it,” says Angie. To me, the tax return should be the last thing we worry about. And that completely shocked me. ” __.

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R&D Tax Credits – Important Things to Know

MyIRSRelief

Lately, there has been a lot of talk surrounding R&D tax credits, and how they can potentially benefit large and small companies alike, regardless of which industry you happen to be involved in. Can start-ups still benefit? You must report this credit on a federal tax return form filled in in plenty of time, using Form 6765.

Tax 100
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Best Tax Preparation Software for Small Business: What Tax Software to Choose?

Snyder

While the software doesn’t perform all the steps required for a full tax return, it can still help you calculate your total tax liability and prepare all of the necessary forms and other IRS documents. Personal advice is invaluable in complex tax situations that regular tax software simply cannot handle.

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2022 Year-End Tax Planning Checklist

Withum

Geography, such as distressed zones, enterprise zones, or tax-increment finance districts. Contact a member of Withum’s Tax Services Team to start planning as year-end approaches. Year-End Tax Planning for Businesses. The corporate tax rate is currently a flat 21% rate. start-up companies).