Tax Blog

Blogs January 12, 2023 A Beginner’s Guide to Form 1099

Form 1099 is used to report to the IRS various types of income as well as the payments made to independent contractors, rental property income, income from interest and dividends, sales proceeds and other miscellaneous income.

Blogs December 12, 2022 Year-End Tax Strategies for Individual and Families

A recap of a recent session focused on year-end tax planning topics including issues related to retirement plans, tax loss harvesting and charitable contributions.

Blogs December 01, 2022 Year-End Tax Planning Strategies for Businesses

A November webinar on “Year-End Tax Planning Strategies for Businesses” focused on federal, corporate, state and local tax issues to be aware of.

Blogs November 21, 2022 Inherited Retirement Plan Update

A breakdown of current and proposed rules for beneficiaries of inherited individual retirement plans.

Blogs October 28, 2022 Income Tax Provisions 201: Class Is Back in Session

A recent tax webinar that covered a diverse array of topics such as R&D capitalization, stock-based compensation, rate reconciliation, naked credits and more.

Blogs September 28, 2022 The Employee Retention Credit – Not So Fast

It is important to note that the American Rescue Plan Act extended the ERC's statute of limitations for IRS examination to five years. The IRS is in the process of training enforcement agents to identify cases where the ERC was improperly claimed.

Blogs July 05, 2022 Tax Trends and Considerations for Family Offices

A recap of the recent IVY Family Office Network’s 2022 Trends Forum discussing how family offices should best prepare, from a tax perspective, from what may be in the near future.

Blogs May 05, 2022 Tax Court Ruling Highlights Impact of Non-Filing on Itemized Deductions

A recent U.S. Tax Court case highlighted the importance of filing a timely return and the effects that non-filing can have on itemizing deductions.

Blogs April 19, 2022 IRS Comments on ERC Penalty Relief Related to Claims

On April 18, the Internal Revenue Service issued a bulletin concerning possible penalty relief for taxpayers who claimed the Employee Retention Credit.