Summing It Up

Topic: Tax

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...

Vacation Home Tax Rules: New York State Appellate Court Rules that a Vacation Home Wasn’t a “Permanent Place of Abode” for New York State Income Tax Purposes

By Don Warrant, CPA on August 11, 2022

Good News for Non-Residents Owning Vacation Property in New York State The New York State Supreme Court, Appellate Division, Matter of Obus v New York State Tax Appeals Trib. (June 30,...

Which Business Records Should You Retain and For How Long?

Outsourced Bookkeeping Technology by MAXIS^®

Business Budget Planning Basics Every Business Owner Should Know

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

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

Summing It Up listing page

Topics

Stay up to date

Topic: Tax

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

Vacation Home Tax Rules: New York State Appellate Court Rules that a Vacation Home Wasn’t a “Permanent Place of Abode” for New York State Income Tax Purposes

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

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

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

Summing It Up listing page

Topics

Stay up to date

Search The Blog

Topic: Tax

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

Vacation Home Tax Rules: New York State Appellate Court Rules that a Vacation Home Wasn’t a “Permanent Place of Abode” for New York State Income Tax Purposes

Stay up to date

Outsourced Bookkeeping Technology by MAXIS^®