Summing It Up listing page

By

Stay up to date

Topic: Tax

The Renewed Superfund Excise Tax on Chemical Substances
By Nick Zoyhofski, CPA on June 13, 2022

A Renewed Tax Headache for Your Manufacturing or Distribution Business? At the end of 2021, effective July 1, 2022, the Infrastructure Investment and Jobs Act reinstated long dormant...

Continue Reading
Remote Work State Tax Compliance: What Employers Need to Know
By Don Warrant, CPA on September 21, 2021

Yet another unpleasant side effect of the COVID-19 pandemic and the ongoing battle with its variants is the potential state income/franchise, sales, and payroll tax consequences related to...

Continue Reading
SALT Deduction Limit: Avoiding the $10,000 Federal Limitation in New York
By Don Warrant, CPA on September 17, 2021

SALT Deduction Limit: Avoiding the $10,000 Federal Limitation in New York Effective for tax years beginning on or after January 1, 2021, The New York State pass-through entity tax (PTET)...

Continue Reading
The “NEW” York Pass-Through Entity Tax Election

The New York PTET May Help to Circumvent the $10,000 Federal Itemized Deduction Limitation for State and Local Taxes. The New York State 2021-22 budget bill included a new Pass-Through...

Continue Reading
Driving Innovation and Investments With R&D Tax Credits
By Joe Burwick, CPA on June 17, 2021

As a business owner, you recognize the importance of continuous investment in your business to stay ahead of the competition. But, as the business landscape becomes increasingly...

Continue Reading
New York State to Conform to Federal Rules and Not Tax Forgivable PPP Loans
By Richard J. Wright, Jr. CPA on January 15, 2021

In a surprising announcement, New York State has provided updated guidance that they will now conform and adopt the federal rule contained within the CARES ACT and not tax forgivable PPP...

Continue Reading

Stay up to date