Research and development #tax benefits are easily overlooked. Many #taxpayers without scientists on site may still qualify for R&D benefits. We’re also entering a period after 2021 wherein R&D costs are to be capitalized for federal tax purposes. accountingweb.com/tax/business-t…

#Home-related #tax rules changing over the past few years have caught some #taxpayers by surprise. Here’s what you need to know: map-cpas.com/homeowner-aler…

Tax Changes and Key Amounts for the 2022 #Tax Year Americans are facing a long list of tax changes for the 2022 tax year. Smart taxpayers will start planning for them now. kiplinger.com/taxes/tax-law/…

#Charitable Gifts Of #NFTs (Nonfungible Tokens): An Overview: #Non-fungible tokens, or “NFTs”, have been the subject of breathless media coverage since early 2021. forbes.com/sites/bryanclo…

#Non-fungible tokens, or “NFTs”, have been the subject of breathless media coverage since early 2021. #Charitable Gifts Of #NFTs (Nonfungible Tokens): An Overview: forbes.com/sites/bryanclo…

Your #charitable contribution deductions are still a great #tax #savings tool, but they now require more planning. Now is a great time to look at this area as part of your tax planning exercise. Read more here: map-cpas.com/maximizing-the…

Staffing shortages, backlog hampered IRS in 2022 filing season. Read more here: journalofaccountancy.com/news/2022/may/…

Make sure clients know the rules in order to avoid late-payment #penalties and interest charges. it's important to make a "good faith" #estimate of the #tax one owes and ensure the rules are being followed. accountingweb.com/tax/how-and-wh…

#Austin's Mangold Anker Phillips provides in-depth advisory services to business clients, broad and responsive services to individual tax clients, business valuations, and forensic accounting. For more information, visit our site: ow.ly/FyCS50J1HEt

While Congress has increased IRS funding in the current fiscal year, those dollars' allocation and timing remain problematic, IRS Commissioner Charles Rettig told members of the House Oversight and Reform Committee.journalofaccountancy.com/news/2022/apr/…

If you’re getting a #tax refund, here are four useful #tips to know: map-cpas.com/if-youre-expec…

Key Tax Rules for Deducting Mortgage Interest, Read more here: cpapracticeadvisor.com/tax-compliance…

A taxpayer's physical possession of gold coins purchased with her individual #retirement account (IRA) caused her to have #taxable distributions from the #IRA, the Tax Court held. journalofaccountancy.com/issues/2022/ma…

Payroll #Taxes Funded The Most #Scandalous Frauds In 2020 And 2021. Read more: forbes.com/sites/taxnotes…

The #IRS revised its answers to frequently asked questions regarding the #Child #Tax Credit, adding a new set of six commonly asked filing season questions. dsjcpa.com/2022/05/02/chi…

Before you close this year’s #tax file there is still some work to do. If the #IRS or state #revenue department selects your return for review, you will need to be prepared. Here is what you need to do now: map-cpas.com/toss-this-not-…

Many of the concerns small #business owners have now are about how they can stay afloat after the #COVID-19 pandemic. Here is how changes to the market might affect these clients and what you can do to help them navigate the recovery afterward. accountingweb.com/practice/clien…

Post Tax Season: 10 Tips for Getting the Most Out of Your #Tax Season Debrief Meeting. Read more here: cpapracticeadvisor.com/tax-compliance…

IRS Clawback Proposed Regulation Causes Confusion In The Playing Field. forbes.com/sites/alangass…

With #housing prices skyrocketing, more #homeowners are considering cashing out to multiples over list price! Here is what you need to know: map-cpas.com/thinking-of-se…