News & Articles
Pass-through entity tax (PTET), what is it, how does it work, and does it affect you?
Pass-through entities (PTE) that qualify are generally S corporations, partnerships and multi-member LLCs which are taxed as S corporations or partnerships. C corporations, single member ...
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Avoiding Interest and Penalties on Improper ERC Claims
The IRS is offering a way for small businesses to potentially avoid any and all interest and penalties by withdrawing their claim. Specifically, small businesses ...
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Massachusetts Makes Room for Your Charitable Deductions
Massachusetts taxpayers are now able to claim a state income tax deduction for charitable donations made in taxable years beginning on or after January 1, ...
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IRA RMDs Rules, Changes, and Delays
Last week, amidst continued confusion of the RMD rules of the road, the IRS announced a delay in the final regulations for inherited IRA RMDs ...
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Employee Retention Credit – Audits and Credit Companies
The IRS has an aggressive plan for the audit of the Employee Retention Credit claims in an effort to target unscrupulous credit companies encouraging businesses ...
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Federal Deposit Insurance, Silicon Valley Bank Failure and You
As you are undoubtedly aware, Silicon Valley Bank was taken over by the FDIC this past Friday, shocking the banking industry and the economy as ...
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