Summing It Up

Topic: Tax

IRS Provides Clarity on Energy Tax Credits in the Inflation Reduction Act

By Don Warrant, CPA on January 13, 2023

Guidance issued on energy-efficient home improvements and residential clean energy property credits Thinking about making energy-efficient home improvements? Then, now’s the time to do it....

Tax Deadlines Every Business Owner Should Know

By Adam Poole, CPA on January 11, 2023

Stay compliant with important 2023 business tax deadlines Tax preparation and planning are necessary in today’s complex business environment. Remembering tax deadlines is an area that none...

To Coin an Oprah Phrase…“You get ERTC and You Get ERTC and Everybody Gets ERTC!”

By Jenny Bean, CPA on December 7, 2022

Not so Fast…. Fraudulent ERTC Claims are in the IRS’ Crosshairs The Employee Retention Tax Credit (ERTC) has provided Federal Tax Credits to employers for periods during COVID-19 where...

New York State Tax Update: IRS Provides Tax Relief for Recent Western New York Snowstorm

By Freed Maxick Tax Team on December 6, 2022

On December 2, 2022, the IRS issued NY-2022-08, which provides relief for victims of a severe winter storm that began on 11/18/2022. This relief provides an extension of time to file...

Combating Inflation Through Tax Changes? A Quick Summary of the Inflation Reduction Act

By Freed Maxick on September 7, 2022

The Inflation Reduction Act (IRA) of 2022, formally called the budget reconciliation bill, was signed into law on August 16, 2022. This bill impacts a wide variety of areas, from climate...

Benefits and Other Impacts in the Inflation Reduction Act for Nonprofits

By Freed Maxick on August 18, 2022

After almost a year of negotiations, President Biden signed the Inflation Reduction Act (IRA) of 2022 into law on August 16. The law, which originated in 2021 as the much larger Build Back...

Which Business Records Should You Retain and For How Long?

Outsourced Bookkeeping Technology by MAXIS^®

Business Budget Planning Basics Every Business Owner Should Know

Entity Level Controls: Five Issues Caused by Weak or Non-Existent Controls in Place

Capital Improvement vs Repair: What the New York Construction Industry Needs to Know

The 4-Part Test to Qualify for the R&D Tax Credit

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Topic: Tax

IRS Provides Clarity on Energy Tax Credits in the Inflation Reduction Act

Tax Deadlines Every Business Owner Should Know

To Coin an Oprah Phrase…“You get ERTC and You Get ERTC and Everybody Gets ERTC!”

New York State Tax Update: IRS Provides Tax Relief for Recent Western New York Snowstorm

Combating Inflation Through Tax Changes? A Quick Summary of the Inflation Reduction Act

Benefits and Other Impacts in the Inflation Reduction Act for Nonprofits

Stay up to date

Which Business Records Should You Retain and For How Long?

Outsourced Bookkeeping Technology by MAXIS®

Business Budget Planning Basics Every Business Owner Should Know

Entity Level Controls: Five Issues Caused by Weak or Non-Existent Controls in Place

Capital Improvement vs Repair: What the New York Construction Industry Needs to Know

The 4-Part Test to Qualify for the R&D Tax Credit

Summing It Up listing page

Topics

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Topic: Tax

IRS Provides Clarity on Energy Tax Credits in the Inflation Reduction Act

Tax Deadlines Every Business Owner Should Know

To Coin an Oprah Phrase…“You get ERTC and You Get ERTC and Everybody Gets ERTC!”

New York State Tax Update: IRS Provides Tax Relief for Recent Western New York Snowstorm

Combating Inflation Through Tax Changes? A Quick Summary of the Inflation Reduction Act

Benefits and Other Impacts in the Inflation Reduction Act for Nonprofits

Stay up to date

Outsourced Bookkeeping Technology by MAXIS^®