Taxes
Notice and Reporting Deadlines Approaching for Incentive Stock Option and Employee Stock Purchase Plans
Under Section 6039 of the Code, corporations are required to furnish statements to current and former employees who exercised an…
Aprio’s End of Year Tax Update
December 2022 Dear Reader, Aprio is privileged to offer our year-end tax planning guide for your consideration and use. Year-end…
2023 Welfare Benefit Plan Contribution Limits
The IRS recently released in Revenue Procedure 2022-38 the 2023 annual contribution limits for welfare benefit plans. The updated limits…
2023 Dollar Limits on Compensation and Benefits Announced
The Internal Revenue Service has announced the 2023 cost-of-living adjustments for various limits affecting employee benefit plans. The more common…
The Inflation Reduction Act – What US Companies and Individual Taxpayers Need to Know
At a glance The main takeaway: On August 16, 2022, President Biden signed the Inflation Reduction Act into law. The $750…
Taxpayers – Act Fast if You Want to Benefit from the IRS COVID-Related Penalty Relief
At a glance The main takeaway: On August 24, 2022, the IRS announced it will waive failure to file penalties for…
IRS Expands Digital Asset Question on Draft Version of 2022 Form 1040
At a glance Main takeaway: For tax year 2022, the IRS seeks to expand Form 1040 reporting to require disclosure…
Multistate Law Firms Could Have a State Tax Nexus Filing Obligation: 3 Big Questions Answered
By: Julie Chesebro, CPA; Ella Corry, CPA At a glance The main takeaway: Whether your law firm has a multistate…
Bonus Depreciation Phase Out and What it Means for Your Business
At a glance Schedule a consultation with an Aprio Tax professional today The full story: Throughout the pandemic, Congress provided…
Brace for Impact: Changes to R&D Deductions Begin This Year
At a glance The full story: The Tax Cuts and Jobs Act (TCJA) of 2017 may seem like ancient history,…