Search Results
8409 result(s) for
-
Letter E: The A to Zs of Turning Pro, Waiting for the Draft, Just Been Drafted
Oct 17, 2016
The letter 'E' starts more than Effort when you are talking sports. Have you considered: Education, Earnings and Entitlement?
-
Letter H: The A to Zs of Turning Pro, Waiting for the Draft, Just Been Drafted
Jan 20, 2017
The letter 'H' starts more than Hero when you are talking sports.
-
Connecticut’s Highest Court Upholds Tax on Nonresident Stock Options
Jan 13, 2017
In December 2016, the Connecticut Supreme Court issued a decision (Allen v. Commissioner) that may have far-reaching implications for the taxation of out-of-state residents.
-
Deep in the Heart of Texas’s Corporate Franchise Tax
Feb 21, 2017
A Texas Franchise Tax Report year is typically 1 year ahead of the federal income tax return year. Utilizing the incorrect accounting period or filing the wrong year report can cause you to waste time and effort addressing administrative notices.
-
NJ Businesses Getting a $380 Million Tax Break
May 26, 2016
New Jersey businesses got some more good news after the Governor added another $180 million to his April announcement of $200 million in payroll tax relief. This represents the largest cut to unemployment business taxes in modern NJ history.
-
NJ Increases Gas Tax for First Time Since 1988
Oct 17, 2016
On October 7, the New Jersey Senate and the Assembly voted to increase New Jersey’s gasoline tax from 14.5 to 37.5 cents. The jump, the state’s first in 28 years, will take the state’s gas tax from second lowest to sixth highest in the nation.
-
Accelerated Deadlines for Filing 2016 1099s and W-2s
Jan 12, 2017
With the 2016 filing season drawing near, we wanted you to know that the Protecting Americans from Tax Hikes Act of 2015 has accelerated certain deadlines for filing information returns for hired workers.
-
New Year's Resolution - Mileage and Expense Logs
Dec 22, 2015
One of the most frequent hits on an IRS or state audit is the lack of documentation for auto mileage and expenses. Keep the following in mind for auto mileage, travel, lodging, meals and entertainment. Here are some apps that can assist in tracking mileage and expenses.
-
Update: Christie to Continue NJ/PA Reciprocal Tax Agreement
Nov 28, 2016
Governor Christie announced that he will not terminate the 40-year agreement between New Jersey and Pennsylvania covering personal income taxes.
-
Last Chance to Apply for NJ’s Angel Investor Tax Credit for 2016
Oct 31, 2016
Attention emerging technology businesses. Individual and entity investors may be eligible for a tax credit. The credits can be used against entity business or gross income taxes.
-
Turn Your Health Savings Account into an IRA on Steroids
Jan 21, 2016
Health savings accounts (commonly referred to as HSA) have grown in popularity over the past few years, especially in light of the Affordable Care Act. The beauty of HSA accounts is that you can get a deduction for contributions to the health savings account.
-
Understanding the Jock Tax and How to Plan for It
Mar 14, 2022
Learn what the so-called jock tax is, who is affected by it, and how to plan for its impact on taxes.
-
Naked Credits and the Interest Limitation
Oct 28, 2021
This post takes a look at the implications of TCJA and the final regulations issued under IRC Sec. 163(j) on valuation allowance assessment when there are indefinite-lived intangibles (i.e., naked credits) in an entity’s deferred inventory.
-
Infrastructure Bill Repeals the Employee Retention Credit for Q4 of 2021 – Opportunities Remain
Nov 16, 2021
President Biden signed into law the Infrastructure Investment and Jobs Act, eliminating the ERC for the fourth quarter of 2021, except for Recovery Start Up Businesses (“RSBs”). Opportunities remain for eligible employers to claim the ERC for calendar quarters prior to Q4 2021.
-
Potential Changes on the Horizon for Qualified Small Business Stock – IRC Sec. 1202
Dec 1, 2021
The Build Back Better Act, passed by the House and currently under consideration in the Senate, could potentially reduce the tax benefits of IRC Sec. 1202.
-
Mar 31, 2022
In Sharon A. Struble v. Commissioner T.C. Summary Opinion 2022-1, the Tax Court clarified expectations for a mileage logbook to claim a tax deduction or employer reimbursement for business miles driven.
-
Income Tax Provision 101: Class Is in Session
Feb 16, 2022
This EisnerAmper webinar reviewed the fundamentals of accounting for income taxes and key considerations for the 2021 year-end provision.
-
IRS Comments on ERC Penalty Relief Related to Claims
Apr 19, 2022
On April 18, the Internal Revenue Service issued a bulletin concerning possible penalty relief for taxpayers who claimed the Employee Retention Credit.
-
Where Do We Stand with Taxes and the BBB Plan?
Jan 25, 2022
What might opponents of the Build Back Better plan want in order to reconsider their nay votes, and what could this mean for the tax provisions under the plan?
-
Jan 27, 2022
Effective for tax year 2021 only, the American Rescue Act of 2021 has expanded the Child Tax Credit (“Credit”) in a two-tiered process.