PATH Special Tax Rates for Timber for Corporate Sales

Individual taxpayers have long benefited from Section 631 of the Internal Revenue Code, which allows for a special long-term capital gains tax rate on ... read more >

Apprenticeship Tax Credit Available For Contractors Doing Business in West Virginia

Contractors doing business in West Virginia may claim a credit against their West Virginia corporate net income or personal income tax for wages paid to ... read more >

Employee Meals with a Side of Tax

For technology giants located in the heart of Silicon Valley, it has become standard practice to shower their employees with handsome perks such as on-site ... read more >

Governor Wolf Reveals 2016 Pennsylvania Budget Proposal

On Tuesday, February 9, Pennsylvania Governor Tom Wolf announced his 2016 budget proposal. While the governor and the legislature continue to work on finishing ... read more >

Another Data Breach at the IRS

The IRS issued a statement on Tuesday, February 9 that it had identified and halted an automated cyberattack that occurred in January of this year. The ... read more >

Form 990-N Submission Changes Effective February 29, 2016

On January 28, 2016, the Internal Revenue Service (“IRS”) issued an exempt organization update for those organizations required to file Form ... read more >

Captive Insurance Companies Impacted By Protecting Americans from Tax Hikes (PATH) Act

Tax

By George Adams

On December 18, 2015 Congress enacted the Protecting Americans from Tax Hikes Act of 2015 (PATH). This legislation made significant changes to Internal ... read more >

Numerous Tax Extenders Friendly to the Real Estate Industry

Several key tax provisions contained in the recently passed Protecting Americans from Tax Hikes Act of 2015 (PATH Act) are particularly favorable to the ... read more >

Support for Your Charitable Contributions: Rules for Reporting Cash and Property Deductions

It’s that time of year when we start gathering tax documents to put together our 2015 individual tax returns. Most of the documents that support ... read more >

Reminder: North Carolina Information Reporting Requirement

On September 18, 2015, North Carolina Governor Pat McCrory signed H.B. 97, which provides for a three-year phase-in of the single sales factor method for ... read more >