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.
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