Charitable Remainder Annuity Trusts (CRATs): Win-Win for Charity, But Not a Loophole for Capital Gains
Donating to charity while securing your income sounds fantastic, right? Charitable Remainder Annuity Trusts (CRATs) were designed for exactly that purpose. You contribute assets,...
1% Stock Buyback Tax: New IRS Guidance for CorporationsÂ
New IRS Rules Clarify 1% Tax on Corporate Stock Buybacks: The Internal Revenue Service (IRS) recently issued proposed regulations clarifying the application of...
IRS Warns for Dirty Dozen: Avoid Social Media Tax Scams for Safe and Secure Filing
Social Media Tax Scams: Tax season can be stressful, and sometimes we just want to get the biggest refund possible. Unfortunately, social media is...
Clean Energy Tax Credits Gets a Boost in Energy Communities: IRS Expands Tax Credit Programs
Clean Energy Tax Credits in Energy Communities: IRS Issues Updated Guidance
The Internal Revenue Service (IRS) recently released Notice 2024-30, expanding the definition of "energy...
7 Warning Signs of a Potentially Incorrect ERC Claims (IRS)
Employee Retention Credit (ERC): Did your business claim the Employee Retention Credit (ERC) during the pandemic? The IRS is urging businesses to review their...