New IRS Guidance on the Taxability of Special State Tax Payments Paid in 2022
The Internal Revenue Service recently issued guidance clarifying the federal taxability of special one-time tax rebates and refunds issued by 21 states in 2022, including South Carolina and Virginia.
Government Contracting Basics: Five Types of Government Contracts Including Risks, Pros and Cons
Learn more about these five types of government contracts presented in detail - including what they entail, their risks, and the pros and cons of each.
Proactive Accounting and Technology Mean Better Outcomes for Construction Companies
Construction firm owners and project managers need better solutions to keep pace with a shifting, uncertain market. Automated, AI-powered software tools are powering future-forward construction accounting practices.
§179D Energy-Efficient Commercial Building Deduction Expanded to Benefit Non-Profit Organizations
For businesses contemplating a commercial project, the §179D deduction, a provision from the Inflation Reduction Act, is now available for any qualifying commercial energy-efficient building.
Why Do Nonprofits Need Financial Statement Services? Part 2: Federal Compliance
Federal compliance requirements like single audits require nonprofits to have financial statement services performed.
PBMares, LLP Adds Eight New Partners
PBMares, LLP is pleased to announce the addition of eight new partners, the largest cohort in the Firm’s 60-year history.
