Taxes
Transfer Pricing and COVID-19 – Time to Re-Examine Your Policy
At a Glance Multinational Companies Beware: Economic impacts from COVID-19 may require a new transfer pricing policy to avoid future penalties.
Taxes
IRS Final Regulations on Foreign Tax Credits: New Compliance Headaches
At a Glance: IRS Final Regulations Update: The IRS has released the long-awaited final regulations for foreign tax adjustments, which the
Taxes
IRS Declines to Extend Due Date for First-Quarter Estimated Tax Payments
At a glance: The IRS has confirmed its extension of the filing due date for 2020 individual income tax returns
Taxes
March Madness or Fraud Frenzy? The Money Laundering Signs You Need to Know
30 Second Summary March Madness creates a perfect storm for increased money laundering and gambling fraud that many sportsbooks and
Taxes
IRS Extends Filing Due Date for Individual Taxpayers
30-Second Summary: The IRS has extended the filing due date for 2020 individual income tax returns to May 17, 2021.
Taxes
3 Ways the New COVID-19 Relief Bill Impacts Your Business
30-Second summary: In addition to providing a new round of stimulus payments, the American Rescue Plan Act contains a host
Taxes
Funded R&D Project Documentation is Essential to Claim Credits
The R&D federal tax credit is a lucrative benefit for small and large businesses across industries. But if you don’t
Taxes
This Just In: IRS Extends Relief for Opportunity Zone Investors
Nearly one year after the start of the COVID-19 pandemic, the United States economy is still reeling from the effects
Taxes
Why Waiting to File Your Taxes May Net You More COVID Relief
It’s that time of year again: tax season. The 2021 filing season officially began on Friday, February 12, amid continued
Taxes
Breaking Down the Employee Retention Credit
The Employee Retention Credit (ERC), a payroll tax credit can be worth up to $19,000 per employee, was significantly
Taxes
More Businesses Stand to Benefit From the ERC — Here’s Why
Businesses, you can breathe easy: more relief is on the way, thanks to changes to the Employee Retention Credit (ERC).
Taxes
The Newly Extended Solar Investment Tax Credit Can Brighten Your Business
Despite the news coverage, the Consolidated Appropriations Act, signed by President Trump on Sunday, December 27, 2020, contains more legislation
Taxes
Webinar: Unpacking PPP Updates from the Latest Stimulus Bill
The Consolidated Appropriations Act, 2021 (the Act) was passed by Congress on December 21 and includes some significant changes to
Taxes
Consolidated Appropriations Act of 2020 Favorable to Real Estate Industry
In the 5,593-page Consolidated Appropriations Act of 2020 (the Act), there are several provisions which impact the real estate industry.
Taxes
Important Changes to 1099 Filing Process
The IRS has made changes to the annual 1099 filing process that most employers have become accustomed to. These changes
Taxes
Reevaluating your tax plans based on the presidential election outcome
Now that Joe Biden has been projected as the winner of the U.S. presidential election by major news outlets*, you
Taxes
New Clarity on M&E Deductions Give a Little Wiggle Room
On September 29, 2020, the IRS published the long-awaited final regulations on the deductions for meals and entertainment (“M&E”) expenses.
Taxes
New Stats Underscore the Value of UK R&D Tax Credits
Each year, Her Majesty’s Revenue & Customs (HMRC) in the UK releases an in-depth compilation of statistics analyzing UK R&D
Taxes
Are Virtual Currency Airdrops Really Taxable? IRS Clarifies New Tax & Reporting Requirements
The IRS released a memo on August 28, 2020, as part of an ongoing campaign to provide clarity on the
Taxes
IRS Issues New Guidance on Reporting PPP Loan Forgiveness
As more recipients of the PPP loan take steps towards receiving the loan forgiveness provided through the CARES Act, the
Taxes
New Rules for Donors to State Credit Funds
In August 2020 the IRS issued final regulations on the state and local payments made to charitable entities that are
Taxes
Proposed Regulations for Carried Interest – Is It Time to Analyze Business Strategies?
When the Tax Cuts and Jobs Act of 2017 introduced the new carried interest rules through IRC Section 1061, it
Taxes
IRS 2019 tax correspondence delays – what you should do.
Did you make a tax payment via check leading up to the 7/15 extended IRS due date? Many taxpayers did.
Taxes
The President’s Executive Order on Payroll Tax Deferment – What You Need to Know
President Trump signed a series of Executive Orders on Saturday, August 8, 2020, that extended new relief to Americans impacted
Taxes
Aprio PPP Loan Forgiveness for Borrowers
The Aprio PPP team is committed to helping borrowers navigate the loan forgiveness process with ease and accuracy. To learn
Taxes
Webinar: Turn 2020 Losses into 2019 Deductions
Watch our expert panelists as we discuss how to claim COVID-19 losses and expenses on your 2019 tax return.
Taxes
IRS Announces New Relief for Qualified Opportunity Funds and Investors Impacted by COVID-19
As the COVID-19 pandemic and the economic downturn persist, the IRS continues to offer new forms of relief in an
Taxes
COVID Income Tax Disruptions: What to Expect
The flurry of congressional legislation as well as other guidance provided by the IRS since the global COVID-19 emergency began
Taxes
Preparing QBO Financial Reports for Your Bank
Adam Rimes demonstrates the process of creating and exporting reports for your bank using the QB application.
Taxes
Preparing QB Financial Reports for Your Bank
Adam Rimes demonstrates the process of creating and exporting reports for your bank using QuickBooks Online.
Taxes
IRS Releases Draft Form 941 for Reporting Coronavirus-Related Employer Tax Credits
Taxpayers and tax preparers have been awaiting revised tax forms and instructions since the introduction of the new employment tax
Taxes
Important PPP Updates from the Treasury/SBA Forgiven Loan Amounts May Result in Non-deductible Expenses
Plus Guidance on PPP Loan Audits, Forgiveness Computation, and More In a flurry of announcements and press releases this week,
Taxes
COVID-19: State and Local Tax Implications – Parts 2 and 3: Nexus/Withholding and CARES Act Guidance
It has been almost a month since our original article on the SALT implications of COVID-19 was published on our
Taxes
Transfer Pricing and COVID-19 – Time to Re-Examine Your Policy
The negative economic impact of the COVID-19 pandemic will have current and future implications on your multinational company’s transfer pricing
Taxes
Georgia Extends Additional Tax Deadlines
The Georgia Department of Revenue announced today, April 16, 2020, that additional tax deadlines have been extended to align with
Taxes
Payroll Tax Deferral Does Not Disqualify Taxpayers From Applying For or Utilizing a PPP Loan
While the Coronavirus Aid, Relief, and Economic Security (CARES) Act has provided expansive aid to taxpayers and employers across the
Taxes
IRS Extends More Tax Deadlines and Issues NOL Carryback Regulations
To provide added relief to taxpayers, the Department of Treasury and IRS announced yesterday, April 9, 2020, the extension of
Taxes
Webinar: How New Payroll Tax Credits Can Help You Keep More Employees on the Job During COVID-19
Watch Aprio’s webinar on “How New Payroll Tax Credits Can Help You Keep More Employees on the Job During COVID-19”
Taxes
Webinar: Unpacking the Economic Stimulus Package: How you Will Benefit
Watch this webinar to see Aprio unpack the historic $2 trillion Coronavirus Aid, Relief, and Economic Security Act, the largest
Taxes
The Latest on Tax Filing and Payment Dates
Over the last week, the IRS and U.S. Treasury Department have made a series of announcements to provide tax relief
Taxes
The Coronavirus Aid, Relief, and Economic Security (CARES) Act: What Does it Mean for You and Your Business?
The Coronavirus pandemic in the United States has created an economic crisis unlike anything this country has ever seen before.