Berkowitz Pollack Brant
-
2023-09-28
4 Red Flags of Employee Retention Credit Abuses by Joseph Leocata, JD, CPA, MBA
The introduction and subsequent expansion of the employee retention credit (ERC) offered a valuable lifeline to businesses struggling to preserve jobs and pay workers through the pandemic despite interruptions to normal operations or significant declines in gross revenue. However, over time, the IRS has identified a significant number of schemes perpetrated by criminals to con […] The post 4 Red Flags of Employee Retention Credit Abuses by Joseph Leocata, JD, CPA, MBA appeared first on Berkowitz Pollack Brant Advisors + CPAs.
Read more
JLK Rosenberger LLP
-
2023-09-26
IRS Quagmire May Be Showing Signs of Improvement
Reading time: 3 minutes 15 seconds When the COVID-19 pandemic hit in early 2020, the timing could not have been worse for the Internal Revenue Service and the public accounting profession. Government-mandated shutdowns took effect at the height of tax season, leaving accountants and tax preparers unable to get answers to their questions or resolve … Continued The post IRS Quagmire May Be Showing Signs of Improvement first appeared on JLK Rosenberger.
Read more
Berkowitz Pollack Brant
-
2023-09-25
IRS Delays RMD Rules for IRAs, 401(k)s…Again by Joanie B. Stein, CPA
In July 2023, IRS issued guidance granting taxpayers temporary relief from compliance with recently enacted laws concerning required minimum distributions (RMDs) from tax-deferred retirement accounts, including individual retirement accounts (IRAs) and 401(k)s. Beginning Age for RMDs In 2019, the president signed into law the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) that, […] The post IRS Delays RMD Rules for IRAs, 401(k)s…Again by Joanie B. Stein, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.
Read more
PKF Mueller
-
2023-09-22
PKF worldwide tax update: September 2023
The third issue of our quarterly PKF Worldwide Tax Update for 2023 is now available. With articles from 23 territories across the globe, this newsletter is packed with updates on … The post PKF worldwide tax update: September 2023 appeared first on PKF Mueller.
Read more
PKF Texas
-
2023-09-21
The Integral Role of a Sell-Side Tax Advisor
Say you’re a business owner ready to sell their business. You enlist a tax advisor to help with the transaction process. What benefits do tax advisors
Read more
Berkowitz Pollack Brant
-
2023-09-21
Podcast – Tax Tips and Traps for People Who Own Airplanes
On this episode Director of Tax Services Jonathan Kraes shares issues and opportunities for individuals who purchase private airplanes. The post Podcast – Tax Tips and Traps for People Who Own Airplanes appeared first on Berkowitz Pollack Brant Advisors + CPAs.
Read more
PKF Mueller
-
2023-09-20
IRS Update Regarding ERC Claims
Last week, the IRS announced a moratorium on the processing of new Employee Retention Credit (ERC) claims until 2024. This is primarily due to the increasing number of fraudulent claims … The post IRS Update Regarding ERC Claims appeared first on PKF Mueller.
Read more
PKF Mueller
-
2023-09-19
From Reluctant to Excited: Turn Your Board into Enthusiastic Fundraisers
If your not-for-profit organization expects its board members to play a fundraising role, you probably already know how difficult it can be to motivate them. They’re busy people, and even … The post From Reluctant to Excited: Turn Your Board into Enthusiastic Fundraisers appeared first on PKF Mueller.
Read more
PKF Mueller
-
2023-09-19
How to Approach Succession Planning
Does your organization have a succession plan in place? And, if it does, is it well documented? Some not-for-profits delay detailed succession planning, thinking of it as a project they’ll … The post How to Approach Succession Planning appeared first on PKF Mueller.
Read more
PKF Mueller
-
2023-09-19
Don’t Jeopardize Your Nonprofit’s Tax-Exempt Status
The tax-exempt status of a 501(c)(3) organization is its lifeblood. Without it, most not-for-profits couldn’t obtain the financial and other support they need to fulfill their mission. That’s why you … The post Don’t Jeopardize Your Nonprofit’s Tax-Exempt Status appeared first on PKF Mueller.
Read more