Posts Tagged ‘Business Tax’
1031 Exchanges –Navigating Related Party Exchanges
At a glance: The main takeaway: With careful tax planning, 1031 exchanges offer taxpayers an opportunity for big savings on income taxes. Know the risks: Few good things ever come easy, and 1031 exchanges are no different. One of the biggest risks is structuring a transaction with a related party. Next Steps: Taxpayers can often mitigate the risks…
Read MoreThe Pulse on the Economy and Capital Markets: Nov 29 – Dec 3, 2021
At a glance: Overall, the markets struggled with commodities and crypto declining and Bitcoin fell 15 percent over the weekend. The defensive nature of the bond markets makes them the MVP over the last week. Investors are keeping an eye on how the Federal Reserve will address inflation. Technology markets saw semiconductors hold on strong…
Read MoreInfluencer Marketing Has Taken Over: What is it and How Will Your Business Benefit?
At a glance Not a passing trend: Influencer marketing is hot. In fact, more companies are adding some form of it into their marketing strategies. Driving engagement makes a big impact: Influencers connect with their followers in a more personalized way, which can set trends and start conversations that ultimately drive sales. Be smart about your partners: The…
Read MoreCatch Them if You Can: Fraud in the Film Industry
At a glance: Schedule a consultation with our team today. The full story: The film industry often evokes visions of Hollywood grandeur, enticing many to pursue a career in acting, directing, or producing. However, the glittering and glamorous lifestyles of the rich and famous often overshadow the seedy underbelly of an industry that can be…
Read MoreBuilding a Better AML Program for Money Services Businesses
At a glance: Schedule a consultation today with one of Aprio’s Certified Anti-Money Laundering Specialists The full story: From the check-cashing business on the corner to the prepaid gift cards in your local convenience store, there are many ways to access and exchange money outside of standard banking institutions. While these alternatives can be an…
Read MoreIRS Launches New Quality Review Tool for Form 1042-S
At a glance Schedule a consultation with Aprio today. The full story: On November 16, the Internal Revenue Service (IRS) launched Form 1042-S Data Integrity, a new online tool to assist U.S. withholding agents in complying with their reporting and withholding responsibilities regarding Form 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding. The software program…
Read MoreDouble Edged Sword – International Taxation Proposals Under The Recent Build Back Better Act May Result in Increased Tax and Compliance Challenges
At a glance To learn more about these potential impacts, schedule a free consultation today. The full story: The Build Back Better Act (BBBA) is the centerpiece of President Biden’s domestic social policy agenda and has been the subject of lengthy negotiations among House and Senate Democrats. This tax overhaul, like almost all tax-related legislation over the…
Read MoreInfrastructure Investment Jobs Act and Build Back Better Act: What’s in these Bills and the Impact on You and Your Business
At a glance: The Infrastructure Investment Jobs Act passed by Congress on November 5, 2021 has been sent to President Biden to sign. Learn about the incentives included and how they may benefit you and who will pay for the benefits. Learn about the new crypto filing requirements that will impact everyone involved in investing…
Read MoreBreaking: IRS Introduces New Rules for R&D Tax Credit Refunds
At a glance: Schedule a consultation with Aprio’s R&D Tax Credit team. The full story: In a Chief Counsel memorandum released Friday, October 15, the IRS announced that R&D credit refund claims must include supporting documentation proving eligibility for the credit beginning January 10, 2022. The IRS stated they will use the submitted documentation to determine whether…
Read MoreThe Pulse on the Economy and Capital Markets: Nov 1 – Nov 5, 2021
At a glance: Overall markets continued their impressive streak higher with smaller companies leading the way. The infrastructure bill is already benefitting smaller companies as US-focused small company stocks excelled last week. The strong jobs report highlights workers are coming back at about 20 percent higher than expected likely due to Covid-related support ending in…
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