The Tax Cuts and Jobs Act (TCJA) of 2017 put major tax provisions in play – and as our team of top tax pros outlined in our most recent Signature Tax Event, many of those provisions are set to expire at the end of 2025 – putting a nasty wakeup
Avoiding Hefty Tax Penalties on Foreign Returns Tax time is especially complex when you operate or earn revenue in more than one country. And getting it right is critical, because mistakes could be quite costly. Fail to turn in a complete and accurate foreign information return on time and you’ll
Even as our world feels more and more normal, there are major new issues emerging in the international business landscape. What are they, and how are they going to impact your business? Join Barnes Dennig’s top international tax team as they unpack the biggest trends – and provide strategies and
Andrew “Andy” J. Bertke uses his business and analytical skills combined with in-depth tax knowledge to provide clients with sound tax planning ideas and compliance matter resolution. Andy’s methodical, meticulous approach gives his clients great peace of mind – knowing he’s examined the facts, eliminated assumptions, and explored every avenue
How do the new tax credits work, and how can they help you build a foundation for the future? How do they stack up against other tax credits? And, what’s the best strategy for your construction business? Join ISA and Barnes Dennig for the answers to these questions and more
Cheryl’s expertise and thought leadership in state and local taxation, sales tax compliance, credits and incentives, and tax research and analysis make her an asset to growth-minded clients in all industries. Analyzing and translating complex laws into meaningful and actionable planning tools for business leaders is the driving force behind
What’s a gift tax return? A gift tax return, also known as IRS Form 709, is used to report gifts that exceed the annual exclusion limit, which is $18,000 in 2024 and $36,000 for couples married filing jointly. This form is typically due on April 15th of the year following
Indiana businesses can benefit substantially from investment and job creation through the many tax credits and incentives the State of Indiana offers. One of the more significant ones is the Hoosier Business Investment (HBI) Tax Credit – a non-refundable corporate income tax credit calculated as a percentage of the qualified
The Secure Act 2.0 includes several changes that offer opportunities for retirement and tax planning. Signed into law on December 29, 2022, as part of the $1.7 trillion omnibus spending deal, the Consolidated Appropriations Act, 2023, P.L. 117-328. Secure Act 2.0 has over 90 new retirement plan provisions. Convert a
Individual Tax Filing Due Date On March 24, 2021, Ohio Tax Commissioner Jeff McClain announced that Ohio will follow suit with the federal government and IRS in extending the deadline to file and pay Ohio individual income taxes for tax year 2020. The new deadline will now be May 17,
Taxpayers who claimed the 2021 Employee Retention Credit (ERC) also should have reduced the business wage expenses on their 2021 income tax return by the amount of the ERC credit, resulting in additional taxable income (or reduced net operating losses). Taxpayers who have not received their ERC refunds have concerns
One of the far-reaching early impacts of the pandemic was that millions of people went from working in an office every day to working from home – and while remote working was already well-established for a few organizations, for most it was a new frontier. Recognizing that, and anticipating businesses