Moving You Forward
As you navigate this new business environment, leaders need the right guidance and direction to move forward. Tap into our customized tax, audit, accounting and business advisory solutions to help you recover from disruption and grow stronger. Contact a PBMares advisor today.
RECENT INSIGHTS:
Watch for New Letters from the IRS — and Keep Them!
The IRS is sending taxpayers new letters about the 2021 Economic Impact Payments and Advanced Child Tax Credit payments. The letters contain information necessary for calculating your tax refund correctly.
Excess Real Estate Losses Could be Permanently Eliminated in Build Back Better Act
The Build Back Better Act contains a lesser-known tax proposal to permanently eliminate certain excess business losses. Especially for rental real estate owners, the effect is potentially substantial.
Latest Edition of Clubs in Town & Country Reveals Club Trends
Download our 2021 benchmarking report which reveals future trends impacting country and city clubs including club revenue, expenses and cybersecurity issues.
Forbes Names PBMares, LLP One of Nation’s Best Tax and Accounting Firms
PBMares, LLP has been named by Forbes as one of America’s Best Tax and Accounting Firms for 2022. Of the 233 firms recognized, PBMares is in an elite tier of 177 firms recognized for both tax and accounting.
Did You Miss Out on the Employee Retention Tax Credits?
Many employers do not realize they could benefit from the ERC. As businesses close their books and records for 2021 and begin to work on tax compliance, it is a good opportunity to revisit the ERC to clear up any confusion that may exist.
Updated IRS Guidance on Meals and Entertainment Expense Deduction
In 2021 and 2022, a temporary change to the tax code allows companies to deduct 100 percent of most business meal and entertainment expenses. Guidance on per diem deductibility has also been clarified.
