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Could Your Employees Identify and Stop a Phishing Attempt? by Brandon Bowers
Berkowitz Pollack Brant - 2024-07-25

Could Your Employees Identify and Stop a Phishing Attempt? by Brandon Bowers

Businesses and their employees are constantly bombarded by a rising threat of email and text scams that have resulted in millions of dollars in security breaches, lost data, stolen money, interruption to normal business operations and longer-term reputational damage. While businesses should bolster their defenses with a range of cybersecurity hardware and software solutions, they […] The post Could Your Employees Identify and Stop a Phishing Attempt? by Brandon Bowers appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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Social Security Tax Update: How High Can It Go?
PKF Texas - 2024-07-23

Social Security Tax Update: How High Can It Go?

Key Points: Employees, self-employed individuals and employers all pay Social Security tax, and the amounts can get bigger every year. And yet, many people don’t fully understand the Social Security […]

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Working Capital is a Crucial Financial Metric in Business Transactions
JLK Rosenberger LLP - 2024-07-23

Working Capital is a Crucial Financial Metric in Business Transactions

A company’s working capital is calculated fairly simply by subtracting its current liabilities from current assets. The resulting amount is the working capital. Despite the simplicity of the calculation, the importance of working capital to a business’s operations is substantial since it represents its ability to meet day-to-day operating expenses. Moreover, working capital is a … Continued The post Working Capital is a Crucial Financial Metric in Business Transactions first appeared on JLK Rosenberger.

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Documents You Need as Your Children Head to College by Deana Love, JD, CPA
Berkowitz Pollack Brant - 2024-07-22

Documents You Need as Your Children Head to College by Deana Love, JD, CPA

With proper estate planning, people typically execute a series of documents naming their family members or friends to make medical or financial decisions on their behalf when they are unable to do so themselves. Children need similar protections when they age out of being minors and take on adult responsibilities. Under most state laws, the […] The post Documents You Need as Your Children Head to College by Deana Love, JD, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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JLK Rosenberger LLP - 2024-07-19

New Guidance on Emergency Personal Expense Distributions

Reading time: 2 minutes, 30 seconds In late 2022, Congress passed the Retirement Savings for Americans Act, also known as the SECURE Act 2.0, designed to make it easier to save for retirement. The legislation included over 90 provisions targeting various aspects of employer sponsored retirement plans with effective dates ranging from 2022 through 2026. … Continued The post New Guidance on Emergency Personal Expense Distributions first appeared on JLK Rosenberger.

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Berkowitz Pollack Brant - 2024-07-19

Understanding Your Classification as a Real Estate Investor or a Dealer is Crucial in a 1031 Exchange by John G. Ebenger, CPA

There are many different types of participants in the real estate market and an equally diverse set of rules for how each may treat profits and losses from property sales. For example, real estate investors may claim the tax deferral benefits of a 1031 exchange, but these benefits and rules generally do not apply to […] The post Understanding Your Classification as a Real Estate Investor or a Dealer is Crucial in a 1031 Exchange by John G. Ebenger, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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Berkowitz Pollack Brant - 2024-07-18

Podcast – Florida Sales Tax Holidays

In this episode Director of Tax Services Karen Lake shares details about Florida’s upcoming sales tax holidays. The post Podcast – Florida Sales Tax Holidays appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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PKF Texas - 2024-07-17

Attract Top Talent to Your Nonprofit with a Strong Benefits Package

Key Points: Some job candidates assume that not-for-profit organizations offer lower compensation than for-profit companies do. If your nonprofit has open positions, this can be a difficult hurdle to overcome […]

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Berkowitz Pollack Brant - 2024-07-17

U.S. Taxpayers Living Abroad May Have Opportunities to Claim Tax Refunds for Foreign Tax Credits Applied Against Net Investment Income Tax by Andrew Leonard, CPA

A recent decision by the U.S. Court of Federal Claims may open the door to a potential deluge of requests for tax refunds from U.S. citizens and resident aliens living or working in foreign countries with which the U.S. has an income tax treaty. In Christensen v. United States, the court interpreted the U.S.-France Income […] The post U.S. Taxpayers Living Abroad May Have Opportunities to Claim Tax Refunds for Foreign Tax Credits Applied Against Net Investment Income Tax by Andrew Leonard, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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JLK Rosenberger LLP - 2024-07-16

Unlocking Tax Advantages: How to Qualify as a Real Estate Professional

Reading Time: 3 minutes Qualifying as a Real Estate Professional offers significant federal tax advantages that can significantly benefit those in the real estate industry. By achieving this status, you can offset real property rental losses against other sources of income and exclude real estate gains and revenue from the Net Investment Income Tax. These … Continued The post Unlocking Tax Advantages: How to Qualify as a Real Estate Professional first appeared on JLK Rosenberger.

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