Research & Experimentation Tax Credit Is your company continually finding ways to improve its business processes? Have you made a product or service better, faster, or more cost-effective? If you think, “Oh, that’s just part of the job,” think again. The U.S. tax code offers an incentive for companies that
1.1 million Americans got a welcome boost to their bottom line over the past few weeks as the Social Security Administration (SSA) started issuing retroactive payments under the Social Security Fairness Act (SSFA) – distributing more than $7.5 billion so far. And there are a lot more payments to go
Has the turmoil over the last year caused you to start thinking of selling your business? Or, perhaps, the pandemic has opened up opportunities to expand your business? One of the most compelling decisions you will need to consider in structuring a buy/sale agreement is whether to structure the deal
On December 15, 2020, Congress introduced two bipartisan COVID-19 relief bills: the COVID-19 Emergency Relief Act of 2020 ($748 billion) and the State and Local Support and Small Business Protection Act of 2020 ($160 billion), that contain payroll-related provisions. Additional benefits to small businesses are included in the COVID-related Tax
Laura has the experience and the education to provide clients with the ideas, answers, and service they need. A Master of Taxation degree, the CPA credential, and years of experience make her a well-rounded professional who navigates the tax code with great skill and finesse, and formulates effective tax strategies
The IRS has started sending out educational letters to taxpayers with virtual currency transactions that have possibly failed to report income and pay the tax from the virtual currency transactions or did not report their transactions properly. There are three variations of the letter: Letter 6173, Letter 6174 and Letter
The CARES Act contains robust tax provisions effective for years 2018, 2019, and 2020, including those that allow taxpayers to take advantage of specific expensing rules for the affected years. How can you maximize those provisions for your business? There are many options to consider, and you may be wondering
On Wednesday, February 5, Barnes Dennig (BD) and Buechner Haffer Myers & Koenig (BHMK) hosted a panel discussion on Opportunity Zones. In an intimate, small group setting, our attendees were able to hear useful information, personal stories and some nationally recognized news from our panelists, which included: Brian Redden (BHMK)
One Click. So Many Ways to Profit. What was it that led you to this page? Chances are, you’re looking for help with something specific. An audit, say, or advice about tax credits. You’re in luck. Our accountants and business advisors have extensive experience providing local, regional, and international companies
In recent years, a growing emphasis on sustainability has spurred various government initiatives aimed at encouraging environmentally friendly practices. Among these are three key credits that stand out for homeowners and environmentally conscious individuals: The Residential Clean Energy Credit The Energy Efficient Home Improvement Credit The Clean Vehicle Credit. Find
Paula has significant expertise on the tax code as it relates to not-for-profit organizations, a specialization that makes her a popular resource for local organizations and a decided asset to Barnes Dennig’s clients. Tax compliance can be a tricky issue for non-profits, as laws and interpretations change regularly. Paula is
https://www.youtube.com/watch?v=FGuDMwR3D_o Can’t watch the video? Get the transcript. Permanent establishment, or PE, is one of the most critical concepts in international tax and business operations. Top international tax pros Lauren Huster and Michael O’Hara unpack the key concepts – and key watchouts for expanding your international business operations. You can