State and local taxes represent a key and often material part of a business’s total tax liability. Many states are reporting budget surpluses, reducing tax rates and offering new credits and incentives, but states are also looking to expand taxation of the digital and internet economy.
Goering & Granatino is pleased to announced that we have joined the BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting and service firms with similar client service goals. As an independent member of the BDO Alliance USA, we can expand the services offered to clients by drawing on the resources of BDO USA, LLP.
With the global cryptocurrency market surpassing the $3 trillion mark, businesses may want to explore the benefits and risks of crypto for their operations.
With the rise of VRBO and Airbnb, allowing short-term rentals on a vacation home are becoming more popular. Here’s what you need to know about vacation home taxes.
The IRS recently released information on how to check eligibility, opt-in for non-filers, and opt-out of the advance child tax credit payments as part of the ARP.
The IRS is cracking down on cryptocurrency reporting on tax documents. Here's what you need to know to properly report gains and losses on your tax return.
This year has been unique and beyond comparison in many ways, and tax planning is just one of the implications of current events. Both individual and business taxes have the potential to be significantly impacted by the various legislation that has passed like the FFCRA and the CARES Act, the loan programs made available like the PPP and the EIDL, and the unemployment/stimulus programs that touched many Americans.
