IRS releases rules for tax-exempt entities to monetize IRA credits
Tax-exempt entities may monetize credits under the Inflation Reduction Act under these rules that the IRS released.
Virginia Businesses Employing More Than 25 Employees Now Have Three Options
On July 1, 2023, more than 8,000 Virginia employers will receive a notice about RetirePath, a state-sponsored retirement program. Employers will need to register by February 2024, offer their own plan, or pay a per-employee fine.
Top Ten Issues in Real Estate: 2023
Real estate owners and operators are facing many recurring challenges in 2023, like labor shortages and supply chain disruptions, while they also grapple with new issues like ESG reporting requirements, energy resiliency, and more.
Pass-through entity elections are here to stay: What you need to know
Pass-through entity elections are creating tax planning complexity. This article explains what you need to know and what you should do next.
Using Retirement Plan Trusts to Protect Inherited Assets
Retirement plan trusts can be an excellent tax planning tool when passing on accumulated wealth to the next generation. Here’s how they work.
Recovering Your Indirect Costs Depends on Your Budgets
By Neena Shukla, CPA, CFE, CGMA, FCPA, CTP | If you have a responsible estimating system, you would typically anticipate recovering all of your direct costs. However, to ensure recovery of your Company’s indirect costs, requires a good budgeting process and established internal controls.
Top Issues for Construction Contractors in 2023
Some of the top issues facing construction contractors in 2023 are the economy, supply chain, higher costs, and labor. Opportunities include hiring women and minorities, sustainable building, construction technology, and more.
Wayfair turns five: A coming of age story
With so many questions remaining five years after Wayfair, sales and use tax nexus planning remains critically important.
Alternative Cost Method Updates for Real Estate Developers
Real estate developers can now use a more streamlined approach to capture estimated common improvement costs using the alternative cost accounting method as outlined in new IRS guidance released in January 2023.
PBMares Announces a New Resource to Assist Businesses and Organizations
AdvisoryWATCH provides expert guidance to empower executives, entrepreneurs, and managers with the knowledge, strategies, and inspiration necessary to thrive in today's dynamic business landscape.