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Family Offices Help Quarterback a Variety of Wealth Management Functions by Heath Standorf, CPA
Berkowitz Pollack Brant - 2024-02-26

Family Offices Help Quarterback a Variety of Wealth Management Functions by Heath Standorf, CPA

Beginning in the 19th century, some of the U.S.’s wealthiest industrialists quietly abandoned Wall Street banks to hire their own teams of experts to discreetly manage, preserve and grow their business operations and family wealth for future generations. Today, these family offices have moved beyond the shadows of the Rockefellers, Morgans and Vanderbilts and expanded […] The post Family Offices Help Quarterback a Variety of Wealth Management Functions by Heath Standorf, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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Podcast – BPB Knows Insurance Audits for Healthcare Practices
Berkowitz Pollack Brant - 2024-02-22

Podcast – BPB Knows Insurance Audits for Healthcare Practices

In this episode Director of Assurance and Advisory Services Whitney Schiffer shares the ways insurance audits can uncover underpayments and improve finances. The post Podcast – BPB Knows Insurance Audits for Healthcare Practices appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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IRS Resumes Automatic Collection Notices, Provides Failure-to-Pay Penalty and Accrued Interest Relief to Some by Angie Adames, CPA
Berkowitz Pollack Brant - 2024-02-22

IRS Resumes Automatic Collection Notices, Provides Failure-to-Pay Penalty and Accrued Interest Relief to Some by Angie Adames, CPA

The IRS announced it is resuming mailing automated collections and reminder notices to taxpayers with outstanding tax liabilities from 2021 and earlier, a practice it suspended in 2022. In certain circumstances, the agency will waive failure-to-pay penalties that accrued in tax years 2020 and 2021 during the height of the COVID pandemic. It is estimated […] The post IRS Resumes Automatic Collection Notices, Provides Failure-to-Pay Penalty and Accrued Interest Relief to Some by Angie Adames, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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A Guide to Overcoming Identity Theft by Brandon Bowers
Berkowitz Pollack Brant - 2024-02-20

A Guide to Overcoming Identity Theft by Brandon Bowers

According to the Federal Trade Commission (FTC), identity theft continues to be one of the fastest-growing crimes in the U.S., with more than 1.1 million cases reported in 2022. The repercussions of falling victim to this type of fraud can be overwhelming, but there are proactive steps you can take to mitigate the damage and […] The post A Guide to Overcoming Identity Theft by Brandon Bowers appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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Berkowitz Pollack Brant - 2024-02-13

Planning Around Social Security Cost of Living Adjustment for 2024 by Joanie B. Stein, CPA

Recipients of Social Security and Supplemental Security Income (SSI) will see a 3.2 percent cost-of-living adjustment (COLA) to the benefits they receive in 2024. The increase, which translates to an additional $50 per month for senior citizens, widows and persons with disabilities and special needs, pales in comparison to the 8.7 percent bump in benefits […] The post Planning Around Social Security Cost of Living Adjustment for 2024 by Joanie B. Stein, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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Berkowitz Pollack Brant - 2024-02-07

Expanded Tax Credits Available to Qualifying Residential New Home Builders, Contractors by Adam Fisher, CPA

The Inflation Reduction Act of 2022 (IRA) amended Section 45L of the U.S. Tax Code by expanding the Energy Efficient Home (EEH) credit available to builders and other contractors that construct or substantially reconstruct new single-family homes and multifamily structures after Dec. 31, 2023, and on or before Dec. 31, 2032, that meet specific energy […] The post Expanded Tax Credits Available to Qualifying Residential New Home Builders, Contractors by Adam Fisher, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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Berkowitz Pollack Brant - 2024-02-01

Podcast – BPB Knows Tracing Comingled Funds

In this episode Director of Forensic and Advisory Services Joel Glick shares instances and approaches to tracing comingled funds. The post Podcast – BPB Knows Tracing Comingled Funds appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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Berkowitz Pollack Brant - 2024-01-30

UPDATED Expanded Tax Credits Help Offset the Costs of Energy-Efficient Home Improvements by Maxwell Jewell, CPA, MST

Upgrading your home’s energy efficiency can not only help the environment and reduce your electric bills, but it can also provide you with valuable tax credits to cover a portion of qualifying improvement expenses beginning in 2023. Energy Efficient Home Improvement Credits  Under the Inflation Reduction Act signed into law in 2022, homeowners may earn […] The post UPDATED Expanded Tax Credits Help Offset the Costs of Energy-Efficient Home Improvements by Maxwell Jewell, CPA, MST appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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Berkowitz Pollack Brant - 2024-01-22

IRS Sets Standard Mileage Rates for Vehicle Use in 2024 by Steven Rubin, CPA

The IRS announced the inflation adjustments taxpayers may use to determine the deductible costs of operating a motor vehicle for business, charitable and medical purposes in tax year 2024. Taxpayers also have the option to calculate these expenses based on the actual costs they incur to use their vehicles. Effective Jan. 1, 2024, the standard […] The post IRS Sets Standard Mileage Rates for Vehicle Use in 2024 by Steven Rubin, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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Berkowitz Pollack Brant - 2024-01-18

Podcast – BPB Knows the Corporate Transparency Act

In this episode Associate Director of Tax Services Joel Young shares the background of the Corporate Transparency Act and who business owners will need to report. The post Podcast – BPB Knows the Corporate Transparency Act appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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