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Tennessee recently enacted legislation to repeal the property measure of the franchise tax. This legislation, passed by the Tennessee House and Senate and expected to become finalized shortly marks a significant departure from the state's previous tax policies and heralds a new era for businesses operating within its borders.

This article examines the effects of the Tax Cuts and Jobs Act, the Coronavirus Aid, Relief, and Economic Security Act, and the Inflation Reduction Act tax reforms and subsequent legislation on bonus depreciation and related incentives.

Learn how proper monitoring can mitigate risks, enhance accountability, and safeguard the integrity of the funding process.

Unlock financial incentives for your life sciences company with the Massachusetts Life Sciences Center Tax Incentives Program. Apply by February 19, 2025.

Learn more about the benefits of outsourced accounting for nonprofit organizations, including how leveraging expert accounting services can enhance efficiency, ensure compliance, and allow nonprofits to focus on their core mission.

High-net-worth individuals often seek to make charitable contributions for community benefit and tax deductions. However, recent IRS guidance warns against fraudulent 'Charitable LLC' schemes. Learn about the red flags and how to make sure your donations are compliant and properly structured.

Recent natural disasters have left many grappling with significant losses. Amidst the recovery process, insurance recoveries can provide vital financial relief. However, understanding the tax implications of these funds and the related casualty loss rules is crucial to avoid unexpected tax consequences.

Justice Alito granted the federal government’s request to stay a nationwide injunction against enforcement of the Corporate Transparency Act (CTA) on January 23, 2025. Accordingly, FinCEN may once again begin enforcing penalties against those who fail to provide their beneficial ownership information (BOI) as required under the CTA.

Charly Weinstein shared his thoughts on Bloomberg Radio regarding the 2020 economy, the general mood of business leaders, the optimal way to leverage technology, and more.

EisnerAmper is opening of our brand new headquarters in New York City. Our new state-of-the-art workspace is located at 733 Third Avenue, in the heart of Midtown Manhattan.

Eisner LLP and Amper, Politziner & Mattia, LLP announce their combination to form EisnerAmper Accountants and Advisors, the 14th largest accounting firm, tax and business advisory firm in the Northeast. This accounting firm serves the New York, New Jersey, Philadelphia corridor. Provides accounting, tax and other professional services to closely-held and publicly traded companies, financial institutions, and high net worth individuals and families.

New York City Mayor Eric Adams recently signed legislation to reinstate the NYC Biotech Tax Credit as part of the ongoing commitment to the growing biotechnology sector. The application deadline to claim the Credit for the 2024 calendar year is January 15, 2025.

The SECURE Act and SECURE 2.0 Act have significantly changed RMD rules for inherited IRAs. Learn how these new regulations impact your inherited IRA and how to ensure you comply with the 10-year rule to avoid penalties. Get expert guidance on RMDs, IRA distributions, and tax implications.

President Biden recently signed the Federal Disaster Tax Relief Act of 2023 into law, granting taxpayers relief for payments received for certain disasters and extending the ability to deduct personal casualty losses. Some taxpayers have waited nearly two years for this relief. Accordingly, many impacted taxpayers will need to file amended returns in order to take full advantage of the relief granted in the Act.

A Federal District Court Judge in the Eastern District of Texas held that the Corporate Transparency Act (“CTA”) is unconstitutional and issued a nationwide preliminary injunction against its enforcement. FinCEN has not yet provided any additional guidance.

The nationwide injunction against the enforcement of the Corporate Transparency Act is back in effect. The Fifth Circuit vacated its own order to stay the injunction on December 26, 2024. Accordingly, reporting companies are currently not required to report their beneficial ownership information by the January 1, 2025, deadline.

On December 23, 2025, the Fifth Circuit granted the Department of Justice’s request to stay the nationwide injunction against enforcing the Corporate Transparency Act. Granting the motion to stay the injunction means that FinCEN may continue to enforce the CTA requirements while the case continues to make its way through the courts.

This content, chapter 1 of our Personal Tax Guide, features useful planning tips you can use before year-end to minimize your tax exposure.  

This article offers information on the reporting requirements created for companies created or registered to do business in the United States. Effective January 1, 2024, these companies will be required to provide information regarding the company and its beneficial owners to the Financial Crimes Enforcement Network (FinCEN).

This article features coverage of the IRS proposed regulations addressing how to determine gains or losses on sales of digital assets, how to determine the basis of a digital asset, new broker reporting requirements for digital assets, and coordination rules to avoid duplicative reporting.