Transferring Federal Energy Tax Credits
The Inflation Reduction Act introduced transferable federal energy tax credits, with guidance for implementation released mid-2023. This clarifies the process for transferring energy-related tax credits and aims to promote growth in the clean energy sector.
The Key Functions of Your Nonprofit Board
Nonprofit board service can be as exhausting as it is rewarding. Whether you are on a board yourself, thinking about joining a board, or seeking to improve the one you sit on, here are three things that high-functioning nonprofit boards get right.
Davis-Bacon Act Updates Add Liability, Definitions for Federal Construction Contractors
The DOL's overhaul of the Davis-Bacon Act in October 2023 brings substantial changes to federal construction contractors. These revisions include prevailing wage adjustments, increased contractor liabilities, and apprenticeship mandates.
Webinar Recording | “Greatest of All-Time” Internal Revenue Code Sections
PBMares shares thoughts on the “Greatest of All Time” top 10 list of Internal Revenue Code Sections – all of which are still in effect.
Tax Considerations for Foreign Residential Rentals
Owning property in a foreign country and renting it out will have its own responsibilities. Here’s a guide on some things to consider for income tax filings.
Charitable Giving With the New Legacy IRA
New Legacy IRA rules mean that charitable gift annuities are even more valuable as part of a larger tax strategy, especially for taxpayers who want to fulfill philanthropic goals and/or minimize Medicare premiums.
