Frank T. Ardito, CPA Vice President & Director of Employee Benefit Services Significant changes to workplace retirement plans were enacted in the waning days of 2022 as the SECURE Act of 2022 – also known as “SECURE 2.0” – was signed into law. The SECURE 2.0...
Charles R. Kennedy, CPA, MBA Vice President & Director of Tax Services Companies that have taken advantage of the research & development tax credit to lower taxes and recoup costs related to R&D activities will be subject to a major change this year that...
Ryan J. McDonell, CPA Tax Manager Companies that have not applied for the pandemic-related Employee Retention Tax Credit (ERC) since it was introduced in 2020 still have time to take advantage of this tax benefit. The statute of limitations for filing amended payroll...
Derek M. Paddock, CPA, MSA Tax Manager The Tax Cuts and Jobs Act (TCJA) of 2017 ushered in numerous tax incentives that were embraced by the business community. But it also contained expiration dates for many of those incentives, and those expirations are starting to...
By Charles R. Kennedy, CPA, MBA Vice President & Director of Tax Services With commercial and residential property values rising rapidly, 1031 like-kind exchanges are becoming more attractive to certain taxpayers who are selling real property that has experienced...
By James J. DeLuca, CPA, MST Senior Tax Manager The acronym GILTI sounds more like a phrase from the James Cagney movie “Public Enemy” than a section of the Internal Revenue Code (IRC), but it is, indeed, a code section that U.S. business owners with foreign...
