Articles

Recent natural disasters – such as the hurricanes impacting Puerto Rico and Florida and wildfires in California – can cause physical damage that interferes with business operations resulting in economic distress and ultimately lost income.

With new technologies come new forms of assets and, eventually, new rules for the regulation and taxation of such assets.

Massachusetts continues to be active in the state tax space.

The Plug-In Electric Vehicle Tax Credit under Internal Revenue Code (IRC) Sec. 30D was originally enacted with the Energy Improvement and Extension Act of 2008 and has been extended multiple times since its enactment.

October has been designated as Cybersecurity Awareness Month; very appropriately, it’s also the month of ghosts and goblins.

With the increase of organizations returning to in-person fundraising galas and benefit events, it is a good time for a reminder on self-dealing directives that should be considered prior to attending these events

Cybercriminals predictively continue to outdo their tricks in enticing us to fall for their money-making ploys. This month you will see that call-back phishing ‒ which evades computer security filters ‒ has become popular.

…Regular deprecation is calculated evenly over a number of years fixed by law for the particular type of item. There are no limits or phase-outs when taking regular deprecation. The option to elect the de minimis safe harbor is also still available to businesses for…

Transitioning a dental practice to a new owner is the most financially advantageous way to be compensated for the value of your practice.

In an economy plagued by a pandemic, increased government spending and supply chain issues, the threat of a recession is keeping business owners awake at night.

The IRS recently announced that it intends to defer again, by one additional year, the applicability dates of 2016 foreign currency final regulations and related 2019 final regs.

The latest edition of the PKF Worldwide Tax Guide for 2022/23 is now available for download. This annual publication provides […]