Business Tax Tax planning is an ongoing discipline – waiting for year-end means missing out on real opportunities Personal and business circumstances are always evolving, presenting opportunities to balance or adjust short-term activities that support a long-term strategy As we head into November,... October 30, 2015
Business Tax Tax Return Due Dates & Filing Extensions Changed Congress & the IRS recently announced changes to due dates for partnership and corporate tax returns, as well as FinCEN Form 114, Report of Foreign... September 29, 2015
Business Tax Managing the IRS Repair Regulations and the Ongoing Challenges Presented After Initial Implementation The IRS final “repair regulations,” effective January 1, 2014, completely revamped the way taxpayers evaluate expenditures in order to determine whether certain costs represent immediately... September 23, 2015
Business Tax Community Investment Tax Credits: Donors Investing Over $1K in CDCs Realize Significant Tax Benefits The Community Investment Tax Credit (CITC) was established as a way to incentivize Commonwealth residents to invest in community development corporations (CDCs). The CITC program... April 27, 2015
Business Tax Congress Passes Tax Extender Legislation Update 12/22/14: Since this post was first published, President Obama has signed the items discussed below into law. Congress has passed, and sent to President... December 22, 2014
Business Tax Significant changes announced to IRA rollover rules The IRS announced changes to the rollover rules relating to Individual Retirement Accounts (IRAs) as a result of a recent Tax Court case (Bobrow v.... November 18, 2014
Business Tax Federal and State Fundraising Rules and Regulations Nonprofits Must Know Alexander Aronson Finning CPAs, in collaboration with Lawyers Clearinghouse, invites you to attend a complimentary “Community Investment Series” Seminar. Participants will discuss: Charitable Solicitation Statutes; The Uniform Registration Statement... October 2, 2014
Business Tax June Tax Reminder: Estimated Tax Payments & Foreign Bank Account Reporting June is traditionally viewed as a mid-point between the original and extended due dates for filing business, fiduciary, and individual tax returns. However, there are... June 11, 2014
Business Tax Taxpayer IRS Scam Alert – Tax Return Report We have been alerted that a number of taxpayers are receiving emails from scammers representing themselves as IRS agents. The IRS does not initiate contact with taxpayers... June 5, 2014