Business Tax
OBBB Restores 100 Percent Bonus Depreciation and Expands Section 179
When it comes to managing your business’s tax burden, the timing and method of depreciating property can make a significant difference. Cash flow is an...
Blog
Matthew Lougee
Matthew Lougee
Growth Story
Promotions Celebrated at AAFCPAs
AAFCPAs, a U.S. Top 100 CPA and consulting firm, is pleased to announce recent promotions across audit and assurance, tax, Outsourced Accounting & Fractional CFO...
Matthew Lougee
New Law Makes QBI Deduction Permanent for Qualified Business Owners
Tax Planning is one of the most important components of operating a successful business, and maximizing the Qualified Business Income (QBI) deduction is a key...
Employee Retention Credit (ERC)
IRS Notices for ERC Claims Disallowance
As the IRS continues to process Employee Retention Credit (ERC) claims, AAFCPAs would like to proactively advise clients about Notices of Claim Disallowance, Letters 105C...
Employee Retention Credit (ERC)
New Tax Relief Bill Could Affect 2023 Filing Season
A bipartisan deal known as the Tax Relief for American Families and Workers Act of 2024 could offer a last-minute extension for previously expired tax...
Business Tax
Employee Retention Credit: Amend the Proper Return
The Employee Retention Credit (ERC) is a refundable pandemic-related tax credit for eligible employers who were fully or partially suspended due to a governmental order...
Growth Story
AAFCPAs Announces our Fall 2022 Tax Team Promotions
AAFCPAs, a best-in-class CPA and consulting firm known for tax, assurance, accounting, wealth management, business process, and IT advisory solutions, today announced key employee promotions...
Individual, Family & Fiduciary Tax
Child Tax Credit Advance Payments: IRS Letter 6419
AAFCPAs would like to make clients aware that the IRS has started mailing copies of its Letter 6419, which outlines Advance Child Tax Credit payments...
