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.
Taxes
A Tax Free Way to Help Your Employees Amid COVID-19
By: Charles Webb and Craig Fisher In response to the terrorist attacks on Sept. 11, 2001, Congress enacted IRC Section
Taxes
Navigating the Impacts of the Coronavirus on Your Dental Practice
From best practices for dealing with staff and supplier concerns to breaking down the Coronavirus tax relief package, this webinar
Taxes
COVID-19: State and Local Tax Implications.
As we all are aware, COVID-19 has affected individuals and businesses on a global scale. Here in the United States,
Taxes
Federal Tax Filing Date Extended to July 15
Get the latest in this Aprio blog: The Latest on Tax Filing and Payment Dates. Just days after announcing that
Taxes
Georgia Department of Labor Has Adopted Emergency Rule on Filing Partial Claims
Even with the coronavirus relief bill now passed and signed by the President, many states are still taking matters into
Taxes
Treasury and IRS Issue Guidance: Tax Deadline Remains April 15 with Tax Payment Deferment to July 15
Get the latest in this Aprio blog: The Latest on Tax Filing and Payment Dates. Today, the Treasury and IRS
Taxes
Coronavirus Alert: Emergency Relief for Employers and Families
The Families First Coronavirus Response Act (H.R. 6201), enacted on Wednesday, March 18, 2020, provides a comprehensive financial aid package as the coronavirus outbreak
Taxes
IRS Issues Tax Relief for Victims of Tennessee Tornadoes
On Friday, March 6, 2020, the IRS announced a tax relief to aid recent victims of the tornadoes that devastated
Taxes
The Devil is in the Details (of the Contract): U.S. Tax Court Upholds the Current Definition of “Funded” Research
When it comes to qualifying for R&D credits, the old adage that “the devil is in the details” rings especially
Taxes
IRS Releases Draft Revision of Schedule K-1 and Notice on Reporting Partnership Capital
This year, the IRS released a new draft revision of Schedule K-1 proposing several changes for tax year 2019. Of
Taxes
New In-Person Meetings with Revenue Officers Aim to Encourage Compliance… But What Are the Risks?
On Nov. 15, 2019, the IRS announced a new compliance protocol that will involve deploying agents around the country to
Taxes
IRS Aims to Expose Cryptocurrency-related Income with New Question on Form 1040
Earlier this month, the IRS released the first guidance in five years on the taxability for virtual currency transactions, including
Taxes
Wayfair and Nexus: The Aftermath, Part 7 – Thresholds, Timing and Local Taxes
States and localities continue to enact sales tax economic nexus rules, apply Wayfair to income tax, and provide guidance in
Taxes
IRS Releases New Guidance on Taxability for Certain Virtual Currency Transactions
Pay close attention, cryptocurrency investors: on Oct. 9, 2019, the IRS issued Revenue Ruling 2019-24 and 43 Questions and Answers,
Taxes
Wayfair and Nexus: The Aftermath, Part 6 – No More Cookies and Thresholds
Kansas’ Governor vetoed the state’s proposed Wayfair sales tax economic nexus legislation, but then the Kansas Department of Revenue issued an administrative
Taxes
IRS Tax Notices 6173, 6174, and 6174-A, What They Mean and What To Do.
Did you receive the IRS tax notice 6174, 6174A or 6173 in connection with your virtual currency transactions? If you
Taxes
Is Preferred Equity Right for Your Deal?
As CRE Lending Tightens, Preferred Equity Makes a Comeback Preferred equity is nothing new in commercial real estate, but we
Taxes
Wayfair and Nexus: The Aftermath, Part 5 – Aggregation and Local Issues
To celebrate the one-year anniversary of the Wayfair decision, this article addresses recent guidance from Virginia on its aggregation rules
Taxes
Alternative Tax Strategies for the Qualified Improvement Property “Glitch”
The road to tax reform was paved with good intentions. The Tax Cuts and Jobs Act (TCJA) produced the most
Taxes
Wayfair and Nexus: The Aftermath – Part 4
As states continue to issue guidance on their Wayfair rules, we are beginning to see the slight differences among them
Taxes
Wayfair and Nexus: The Aftermath – Part 3
Indiana issued much-needed guidance to address which sales are used to calculate the economic nexus revenue threshold (other states need
Taxes
Tax Reform: Why the Right Business Structure Is Vital for Tech Startups
The business entity you choose when starting a new company is more important than ever before in the wake of
Taxes
IRS Waives Penalty for Taxpayers with At Least 80% of Total Tax Liability in 2018
On Jan. 16, 2019, the IRS released news of a penalty waiver that may benefit taxpayers whose 2018 federal tax
Taxes
Federal Government Shutdown Creates Tax Filing Uncertainty
The United States has been under a partial government shutdown since Dec. 22, 2018, and while the House of Representatives
Taxes
How Time-Tracking and Data Analytics Can Help Drive Better Business Decisions
Law firms, accountants, consultants and other professional services businesses have long been accustomed to tracking employee time for billing and
Taxes
Georgia Tax Credits Fuel Booming Esports Industry
For four days in January, about 3,000 people descended on the Cobb Energy Performing Arts Centre just north of Atlanta.
Taxes
Should Entertainment Expenses Be Fully Disallowed?
Although companies are no longer eligible to deduct business entertainment expenses like baseball tickets and golf outings, Notice 2018-76 was
Taxes
Wayfair and Sales Tax Nexus: The Aftermath Part 2
Eleven more states will begin enforcement of their economic nexus sales tax rules beginning on Oct. 1, 2018. In our
Taxes
The Interplay of Tax Reform’s IC-DISC & Pass-Through Deduction: What We Know So Far
A key tax benefit for companies that do exports was at risk of getting killed from President Donald J. Trump’s
Taxes
New Tax Reform Carried Interest Rules Could Put CRE Investors at Odds with Developers
It was somewhat of a surprise in the final legislation President Donald J. Trump signed into law in late 2017