Webinar Recording: Top 10 Year-End Tax Planning Strategies
View recording and slides of PBMares' live webinar from December 15th for “Top 10 Year End Tax Planning Strategies”.
New Workarounds for $10,000 SALT Cap for Pass-Through Entities
The SALT cap has been a contentious issue ever since it was passed as part of 2017’s Tax Cuts and Jobs Act.
PPP Update: New Guidance That Will Change 2020 Taxable Liabilities
The IRS recently issued guidance that will impact taxable income and tax liabilities for the majority of businesses who received PPP loans.
New 2020 Form 1099-NEC
NEW FORM 1099-NEC: The PATH Act accelerated the due date for filing Form 1099 that included nonemployee compensation (NEC) to January 31, and Treasury Regulations eliminated the automatic 30-day extension of time to file for forms that included NEC.
Virginia Employment Laws Expanded to Require New Hire Reporting of Independent Contractors
A new but perhaps little-known law in the State of Virginia requires that all employers, labor organizations, and hiring halls report information about newly hired independent contractors to the state’s New Hire Center.
State Sales Tax Considerations for Real Estate and Construction Contractors
Few contractors give much thought to state sales tax when they’re installing property improvements for a customer.