We provide customized tax planning strategies to fit your situation so that your tax strategy works in concert with other components of your financial framework and lifestyle.
California has revoked Blue Shield of California’s status as a tax-exempt organization, a change that could mean a massive tax bill plus interest. We give an overview of the situation and what tax-exempt organizations need to do to reduce risk.
Just in the final quarter of 2014 and the first of 2015, we’ve seen some fairly noteworthy legislative developments impacting not-for-profits. From last-minute tax extenders to the IRS priority guidance plan and the GAO’s report on IRS oversight, here’s what’s happening.
A host of new investment vehicles has emerged for private foundations: sustainable, socially responsible, and program-related. In part one of this series, we give an overview of the options available to private foundations and why they’re useful.
The IRS’s Tax Exempt & Government Entities division has released its priority guidance work plan to review its activities in 2015 and communicate its areas of focus for the year ahead. We give an overview of its key areas.
2015 Q4 - Get ahead of current tax updates with this review of five issues affecting technology, clean technology, life sciences, and communications and media companies.
A US appellate court upheld California’s requirement that charitable organizations soliciting donations within the state provide a list of significant donors’ names and addresses to the California attorney general. Details in this Insight.
Deficiencies can bring the audit or compliance process to a standstill and create tension among management, the audit committee, and external stakeholders. Fortunately, many of the most common deficiencies—we’ve identified 10—can be avoided.
New PATH Act provisions expand tax saving opportunities for property. They relate to bonus depreciation, qualified real property, IRC Section 179, and Section 179D. However, there’s a phaseout plan for certain provisions, so act now.
Confusion with San Francisco’s gross receipts tax centers on two aspects of the tax: reporting requirements and computation. In this Insight, we we look at nexus, the NAICS code, and deadlines to help clarify things.
The process tribes use to determine values for some investments is changing due to the GASB’s Statement No. 72, which provides guidance on fair value measurement and reporting for state, local, and tribal governments. It’s effective for periods beginning after June 15, 2015.
In this first quarter 2016 update, we cover some of the most important tax issues for companies in the technology, clean technology, life sciences, and communications and media industries and touch on what your organization can do to stay ahead.
Current-year improvements and repairs might translate to tax savings. But the opportunity is lost if you don’t claim partial disposition losses in the year of disposal.