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Answers to Your Tax Season Questions
PKF Texas - 2024-02-06

Answers to Your Tax Season Questions

The IRS announced it will open the 2024 income tax return filing season on January 29. That’s when the tax agency will begin accepting and processing 2023 tax year returns. […]

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New Auditing Standards Impacting 2023 Audits
JLK Rosenberger LLP - 2024-02-05

New Auditing Standards Impacting 2023 Audits

Reading time: 4 minutes Three new auditing standards are in effect for fiscal year-end 2023 audits that will fundamentally change the way certain audit procedures are carried out. Company management will need to prepare documentation with greater detail ahead of the audit, and the audit itself will likely take more time and effort to satisfy … Continued The post New Auditing Standards Impacting 2023 Audits first appeared on JLK Rosenberger.

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Is Your Company Ready for an Audit?
PKF Texas - 2024-02-05

Is Your Company Ready for an Audit?

Join us as Kimberly Henry, CPA, CEPA, an Approachable Advisor in our audit department, shares valuable insights on how clients can prepare for the upcoming audit season. Discover the proactive […]

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Podcast – BPB Knows Tracing Comingled Funds
Berkowitz Pollack Brant - 2024-02-01

Podcast – BPB Knows Tracing Comingled Funds

In this episode Director of Forensic and Advisory Services Joel Glick shares instances and approaches to tracing comingled funds. The post Podcast – BPB Knows Tracing Comingled Funds appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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JLK Rosenberger LLP - 2024-01-31

Tax Extender Bill Offers Relief for Certain Sec 174 R&D Expenses

Reading Time: 3 minutes 15 seconds Congress has traditionally reviewed a tax extenders bill at the end of each year. The legislation is designed to temporarily extend the expiration date of certain popular tax provisions (i.e., bonus depreciation). Since November 2023, Congress has been debating comprehensive extender legislation designed to address several provisions of the … Continued The post Tax Extender Bill Offers Relief for Certain Sec 174 R&D Expenses first appeared on JLK Rosenberger.

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Berkowitz Pollack Brant - 2024-01-30

UPDATED Expanded Tax Credits Help Offset the Costs of Energy-Efficient Home Improvements by Maxwell Jewell, CPA, MST

Upgrading your home’s energy efficiency can not only help the environment and reduce your electric bills, but it can also provide you with valuable tax credits to cover a portion of qualifying improvement expenses beginning in 2023. Energy Efficient Home Improvement Credits  Under the Inflation Reduction Act signed into law in 2022, homeowners may earn […] The post UPDATED Expanded Tax Credits Help Offset the Costs of Energy-Efficient Home Improvements by Maxwell Jewell, CPA, MST appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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PKF Texas - 2024-01-29

Boosting Business Value: Profitability Strategies for M&A

Join Jen Lemanski and Chris Hatten, CPA, CM&AA, CVA in this informative episode focused on M&A readiness. Explore the three essential steps every business owner should take when preparing to […]

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JLK Rosenberger LLP - 2024-01-29

Study Highlights Persistent Issues with Plan Audit Quality

Reading Time: 3 minutes Enhancing the effectiveness and quality of employee benefit plan audits, including 401(k) and 403(b) plans, has been a top priority for the AICPA and government regulators. To evaluate audit quality, the Department of Labor (DOL) Office of the Chief Accountant (OCA) has conducted several studies of submitted Form 5500s to better … Continued The post Study Highlights Persistent Issues with Plan Audit Quality first appeared on JLK Rosenberger.

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Berkowitz Pollack Brant - 2024-01-22

IRS Sets Standard Mileage Rates for Vehicle Use in 2024 by Steven Rubin, CPA

The IRS announced the inflation adjustments taxpayers may use to determine the deductible costs of operating a motor vehicle for business, charitable and medical purposes in tax year 2024. Taxpayers also have the option to calculate these expenses based on the actual costs they incur to use their vehicles. Effective Jan. 1, 2024, the standard […] The post IRS Sets Standard Mileage Rates for Vehicle Use in 2024 by Steven Rubin, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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