Join PBMares on November 3 to discover the top 10 tax strategies businesses should consider before year-end, including traditional tax strategies, remaining COVID-19 incentives, and opportunities expiring at year-end.
Although there are many tax changes proposed in the Build Back Better Act, PBMares has detailed a dozen tax changes that would change the tax landscape and would require many taxpayers to re-evaluate their tax positions.
House Ways and Means issues its discussion draft amendment with revenue items to offset $3.5 trillion spending package.
A discussion on the IRS concern with non-filers and what can be done to mitigate the risk is provided in this article.
North Carolina is on the verge of passing major tax changes affecting corporate, pass-through, and individual taxpayers. If passed, the state's corporate income tax would be eliminated and 250,000 taxpayers would be removed from state tax rolls.
The new Global Intangible Low-Taxed Income (GILTI) regime imposes U.S. tax on foreign earnings of certain foreign corporations whether or not the profits are repatriated to the U.S. owner.
Managing significant tax changes will ensure individuals and businesses are positioned for success for the remainder of 2021 and beyond.
Do you qualify for the Employee Retention Credit? Download our ERC flow chart to help determine whether or not you are eligible.
With the tax filing season just around the corner, I repeatedly hear the question, “can I deduct my home office?” The answer varies as the IRS has a more restrictive definition of the home office than those heard in ordinary conversation.
The Tax Cuts and Jobs Act significantly reduced the number of taxpayers who itemize deductions (meaning those who actually see a tax benefit for donations made) beginning with the 2018 tax year.