The Inflation Reduction Act Includes Wide-Ranging Tax Provisions
The U.S. Senate and House of Representatives have passed the Inflation Reduction Act (IRA). President Biden is expected to sign the bill into law shortly. The IRA includes significant provisions…
Read MoreGood News: IRS Boosts Standard Mileage Rates for Second Half of 2022
The IRS recently announced it will be increasing the standard mileage rate for qualified business drivers for the second half of 2022. The adjustment reflects rising costs at the gas pumps…
Read MoreAnnual SBA Preparing for Your Upcoming Audit Client Seminar Recording – June 29, 2022
On Wednesday, June 29, our Government Audit Partners Kathryn Mantell, Heidi Wohlleb, Valerie Dolan, and Man Lee hosted our annual School Business Administrator “Preparing for Your Upcoming Audit” client seminar.…
Read MoreHelp When Needed: Apply the Research Credit Against Payroll Taxes
Here’s an interesting option if your small company or start-up business is planning to claim the research tax credit. Subject to limits, you can elect to apply all or some…
Read MoreCMFO Roundtable Discussion Recording – June 14, 2022
On Tuesday, June 14, Bud Jones, Managing Partner of Nisivoccia and Jon Rheinhardt, CFO for Bergen County hosted a CMFO Roundtable discussion. Topics for discussion included How Ratings Agencies Review…
Read MoreFederal Tax News for Individuals
1. If You Make Estimated Tax Payments, a Deadline Is Coming Up If you pay quarterly estimated taxes, circle this date on your calendar: June 15. That’s the payment due…
Read MoreCongress Eyes Further Retirement Savings Enhancements
In 2019, the bipartisan Setting Every Community Up for Retirement Enhancement Act (SECURE Act) — the first significant legislation related to retirement savings since 2006 — became law. Now Congress…
Read MoreSBA Roundtable – Project Planning & Key Financing Considerations of a Referendum, March 21, 2022
On Monday, March 21st, our Government Audit Partners, Kathi Mantell, Valerie Dolan, Heidi Wohlleb, and Man Lee hosted a School Business Administrator (SBA) Roundtable to discuss Project Planning & Key…
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