How Real Estate Partnerships Can Defer the Tax Impact of Canceled Debt
Real estate partnerships looking for a way to minimize the tax impact of canceled debt may be able to use qualified real property business indebtedness (QRPBI) to exclude forgiven debt from taxable income.
Webinar Recording | Inflation Reduction Act Tax Law Changes
The Inflation Reduction Act was signed into law on August 16. This webinar will guide you through the significant tax law changes and how they may impact you.
Unrelated Business Taxable Income Reporting for Partnerships
UBTI reporting for exempt organizations can be challenging. Exempt organizations investing in partnerships should ensure that the K1 reporting from the partnership provides the information necessary to ensure correct reporting.
What Is a System? Getting Started Toward Business System Compliance!
It is important for government contractors in developing their business systems and offering them up to the government as representative of their compliance with the published requirements to understand what a “system” is in the context of government compliance.
The Inflation Reduction Act Makes Few Alterations to the Tax Strategies of PBMares’ Clients
Today, The Inflation Reduction Act of 2022 was enacted. Through its sweeping law changes on health care, climate, and taxes, the Act presents a few new opportunities for beneficial tax strategies. In general, the Act results in few tax increases to PBMares clients.
Not-for-Profit Investment Policy Statements: Little Changes, Big Impact
Sometimes, a not-for-profit's investment performance isn’t what it should be. Looking at the Investment Policy Statement and identifying corrections can help to improve fund performance and help to ensure investment returns meet their objectives.
