by Summer Wilton | Dec 6, 2021 | Industry Resources
One of the most intriguing and discussed elements of recent tax reform is the creation of Qualified Opportunity Zones, which are economically-distressed communities where new investments, under certain conditions, may be eligible for preferential tax treatment. The tax benefits offered by investment in Qualified Opportunity Zones are meant to encourage economic development in these communities, which are officially designated at the state level.
by Summer Wilton | Dec 6, 2021 | Industry Resources
Nexus is defined as a substantial connection to a state that allows the state to tax a taxpayer. Although this may seem pretty straightforward, things can get a little complicated for contractors working on out-of-state jobs. It’s important to determine if your construction company is responsible for state sales tax or income tax before bidding on an out-of-state job to ensure an accurate bottom line on the project and to also ensure compliance with state agencies.
by Summer Wilton | Dec 2, 2021 | External Link/Doc, Industry Resources, Podcast
Dental practice transitions rarely involve the selling dentist “turning over the keys and walking away” from operations. With this in mind, a
dental practice valuation includes the difficult tasks of projecting future operations and discounting those projections to a single and subjective present value.
by Summer Wilton | Dec 1, 2021 | Industry Resources
On Friday, March 5, 2021, the Senate voted 50-49 in favor of an amended American Rescue Plan (President Biden’s $1.9 trillion tax and spending package). This bill was sent back to the House for their vote. Today, March 10, 2021, the House passed the American Rescue Plan and President Biden is expected to sign it into law.
by Summer Wilton | Nov 23, 2021 | External Link/Doc, Industry Resources, Video
Amie Whittington Dean, Senior Manager in HORNE Healthcare’s Tax practice, created this helpful video explaining who qualifies for Employee Retention Credits and how to go about accessing them.
by Summer Wilton | Nov 19, 2021 | Industry Resources
In the current economic environment, monitoring and managing state and local tax obligations can be a real challenge. Yet for organizations working to protect their revenue and future, it is critical to stay on top of state and local filing requirements.
