IRS halts employee retention credit processing
The IRS has temporarily halted processing of employee retention credit claims and will provide additional guidance for businesses.
What Small Businesses Need to Know about the Beneficial Ownership Information Report
Starting on January 1, 2024, millions of small businesses will be required to file a new information reporting form as part of the Corporate Transparency Act. Many PBMares clients will be affected.
3 Signs That Outsourced Accounting Can Benefit Your Organization
Managing your accounting function in-house can quickly become a drain on your business. Whether you’re considering outsourcing a part of your accounting operation — or the entire accounting department — this article will help you make an informed decision.
IRS Provides Tax Relief and Extension for South Carolina and Florida Taxpayers Impacted by Hurricane Idalia
IRS announces new Hurricane Idalia tax relief and a new February 15, 2024 tax deadline for all individuals and businesses in South Carolina.
Benefits and Uses of PropTech in Commercial Real Estate
The days of manually collecting cash or check payments for rent are gone. From mobile rent payment and maintenance requests to digital property management and automated investment analysis, proptech is set to revolutionize commercial real estate.
IRS releases guidance on Roth catch-up contributions under SECURE 2.0
Notice 2023-62 provides an administrative transition period for Roth catch-up contributions to high-income individuals.
Estate planning after the sale of a business interest
This article discusses estate planning and tax considerations after the sale of a business interest or other liquidity event, including common strategies to reduce estate tax and meet charitable giving goals.
Your Guide to Understanding Outsourced Finance and Accounting Services
It's becoming increasingly difficult to hire and retain qualified people to staff finance and accounting functions. Many of our clients ask what they can do to address today’s talent gap and keep their accounting function lean. One of the solutions our clients consistently want to discuss is FAO — finance and accounting outsourcing.
RetirePath for Virginia Construction Contractors: Benefits and Considerations
Whether through RetirePath, a new state-sponsored and mandated retirement plan, or offering another employer-sponsored plan, the question now for Virginia contractors isn’t whether to offer a retirement plan, but which one.
Sudden Wealth: Issues to Consider
An unexpected and substantial increase in wealth necessitates careful consideration of possible issues. Use this checklist to help navigate your next steps.