About pb_admin

This author has not yet filled in any details.
So far pb_admin has created 157 blog entries.

Final Guidance on Business Interest Expense Deduction Limitation Under Section 163(j) in the CARES Act

Many U.S. companies took advantage of the Paycheck Protection Program, Economic Injury Disaster Assistance Loans, and other funding sources to shore up cash flow amid the coronavirus pandemic.

2020-10-15T15:22:36-04:00October 15, 2020|Categories: PBMares COVID-19 Insights, Tax: Business|Tags: , , |

New Court Decision on Deducting Real Estate Losses Disallows Continuing Education

What does it mean to be a real estate professional? For many, the answer is straightforward: they’re landlords, property developers, contractors, and investors.

2020-10-09T13:35:51-04:00October 6, 2020|Categories: Construction and Real Estate, Tax: Business|Tags: |

Strategies to Modify Commercial Real Estate Lease Contracts

Commercial real estate leases are changing. And according to the New York Times, banks currently hold about $2.38 trillion of commercial real estate loans. As tenants renegotiate their leases, building owners and landlords will likely be asking banks to restructure their loans, too.

2020-10-08T15:25:32-04:00October 1, 2020|Categories: Construction and Real Estate|Tags: , , |

To Allocate or Not to Allocate, Is Not the Question!

Good allocation practices can provide a better understanding of the "true" cost of your products and services, allowing you to become more competitive, better utilize your available assets and facilitate your management decision making process.

2020-07-14T09:09:55-04:00July 7, 2020|Categories: Government Contracting|Tags: , |

SECURE Act Impacts Retirement Planning

President Trump signed the latest federal government spending bill on Friday December 20, 2019. The bill includes many tax law changes and extends several expired provisions. The bill also incorporates the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. Read on for three changes from the SECURE Act that all taxpayers should know.

2020-01-02T15:07:05-05:00December 24, 2019|Categories: Retirement|Tags: , , , |

Virginia Tax Conformity and Its Impact on 2018 Filings

Every year, passing tax conformity legislation in the General Assembly is an important issue for Virginia taxpayers, and failure to pass conformity early in the legislative session can cause severe disruption and delay in filing returns and receiving timely refunds.

2019-02-28T21:17:05-05:00January 21, 2019|Categories: Tax: Business, Tax: Individual, Tax: State & Local|Tags: , |

Supreme Court Ruling Fundamentally Alters Sales Tax

The U.S. Supreme Court has fundamentally altered Wayfair, Inc., and other online retailers’ ability to offer items at a lower cost than their brick and mortar counterparts. States can now require online retailers to collect sales tax from every customer no matter if they have a physical location in the shopper’s state, leaving online consumers to pay more for the items they buy.

2018-08-17T15:00:49-04:00June 28, 2018|Categories: Tax: Business, Tax: State & Local|Tags: , , |

How Small- to Medium-sized Nonprofits Can Get the Help They Need to Manage Their Investments

Nonprofit organizations have a fiduciary role in managing investments that are the result of donor gifts. For those with endowment funds, there are laws and regulations outlining fiduciary responsibilities with respect to those funds and how the funds are invested and allocated for expenditure. Large nonprofit organizations with significant investments have the resources to engage large institutional investment managers to assist in managing their investment portfolios.

Boost Your Not-for-Profit’s Revenue While You Build Upon Your Future

Many people have heard the saying “location is everything.” While it may be debatable that location is everything, location is very important in the Commonwealth [...]

2018-08-06T16:45:55-04:00April 23, 2018|Categories: Not-for-Profit|Tags: , |