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You may be liable for “nanny tax” for all types of domestic workers
Hutchinson and Bloodgood LLP - 2022-10-25

You may be liable for “nanny tax” for all types of domestic workers

You’ve probably heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you. Hiring a house cleaner, gardener or other household employee (who isn’t an independent contractor) may make you liable for federal income and other taxes. You may also have state tax obligations. If you employ a … You may be liable for “nanny tax” for all types of domestic workers Read More » The post You may be liable for “nanny tax” for all types of domestic workers appeared first on Hutchinson and Bloodgood LLP.

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When will I Realize the Benefit of the R&D Tax Credit?
JLK Rosenberger LLP - 2022-10-24

When will I Realize the Benefit of the R&D Tax Credit?

Kerrie Howes, Research & Development Credit Manager for JLK Rosenberger, explains how to realize the benefit of the R&D tax credit. The post When will I Realize the Benefit of the R&D Tax Credit? first appeared on JLK Rosenberger.

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Is Time Running Out for Businesses to Buy Private Aircraft? by Angie Adames, CPA
Berkowitz Pollack Brant - 2022-10-24

Is Time Running Out for Businesses to Buy Private Aircraft? by Angie Adames, CPA

Corporate aircraft sales that soared during the pandemic slowed slightly in 2022 as fears of a recession continue to weigh on business sentiment. While many companies will sit on the sidelines and take a wait-and-see approach before purchasing a private jet in 2023, others will act before the end of the year, and yield significant […] The post Is Time Running Out for Businesses to Buy Private Aircraft? by Angie Adames, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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Podcast – BPB Knows Family Office
Berkowitz Pollack Brant - 2022-10-20

Podcast – BPB Knows Family Office

In this episode Associate Director of Family Office Services Heath Standorf explains how high-net-worth families benefit from family office services. The post Podcast – BPB Knows Family Office appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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Hutchinson and Bloodgood LLP - 2022-10-19

Manageable growth should be a strategic planning focus

When a company’s leadership engages in strategic planning, growing the business is typically at the top of the agenda. This is as it should be — ambition is part and parcel of being a successful business owner. What’s more, in many industries, failing to grow could leave the company at the mercy of competitors. However, … Manageable growth should be a strategic planning focus Read More » The post Manageable growth should be a strategic planning focus appeared first on Hutchinson and Bloodgood LLP.

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Berkowitz Pollack Brant - 2022-10-19

Important Considerations for Adapting to Evolving Market Demands and Changing Business Models by Hector E. Aguililla, CPA

The pandemic and subsequent months of economic uncertainty have proven that change is the one constant business leaders must accept and continually prepare for, not only to survive, but also to thrive over the long term. While changes may involve modifications to specific segments of a business, such as narrowing or expanding geographic distribution, products […] The post Important Considerations for Adapting to Evolving Market Demands and Changing Business Models by Hector E. Aguililla, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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JLK Rosenberger LLP - 2022-10-17

Business Provisions in the Inflation Reduction Act

Reading time: 5 minutes The Inflation Reduction Act (IRA) comes with promises to reduce greenhouse gas emissions in the United States by 40 percent over the next ten years. The legislation invests $385 billion in clean energy opportunities for both individuals and businesses. More specifically, it is intended to incentivize investment to transition the energy … Continued The post Business Provisions in the Inflation Reduction Act first appeared on JLK Rosenberger.

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PKF International News - 2022-10-14

PKF member firms honoured as employers of choice

We take great pleasure in reporting that many of our member firms have been recognised under renowned employer accreditation schemes.

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Berkowitz Pollack Brant - 2022-10-13

Pre-Immigration Planning: Understanding U.S. Income Tax Residency Status by Pedro L. Porras, CPA

Immigrations laws in the U.S. differ from the country’s tax laws, which require individuals to report and pay federal income tax based upon the government’s classification of their residency status. While it is not uncommon for someone to live in the U.S. without establishing residency for tax purposes, it is important to recognize when this […] The post Pre-Immigration Planning: Understanding U.S. Income Tax Residency Status by Pedro L. Porras, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

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JLK Rosenberger LLP - 2022-10-13

IRS Raises Per Diem Rates – Is It Enough?

In the current inflationary climate, an increase in business per diem rates was undoubtedly needed; and the IRS delivered; however, many don’t believe the increase will go far enough. JLK Rosenberger partner Robert Gabon stated, “The benevolent IRS just increased the per-diem rate in a “high-cost locality” from $296 to $297, which is about a … Continued The post IRS Raises Per Diem Rates – Is It Enough? first appeared on JLK Rosenberger.

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