New Tax Law Improves QCD Benefit
Seniors who must take withdrawals from their IRAs may be able to benefit from a special tax provision for qualified charitable distributions (QCDs). ... Read More >
Seniors who must take withdrawals from their IRAs may be able to benefit from a special tax provision for qualified charitable distributions (QCDs). ... Read More >
Adoptions plummeted during the COVID pandemic, but the adoption rate is slowly rebounding. If you’re among those considering adopting a child, ... Read More >
Isdaner & Company again is recognized as one of the largest accounting firms in the Philadelphia area by the Philadelphia Business Journal for ... Read More >
The proliferation of phishing scams continues. Here are some new fraud schemes you should look out for, as well as twists on well-known varieties that ... Read More >
BEYOND FORGIVENESS While SBA reviews PPP loans for compliance, the DOJ is left to mop up a flood of fraud. Business owners misused Paycheck Protection ... Read More >
Reading the Tea Leaves: Potential tax legislation in the new Congress The 2022 mid-term election has shifted the scales in Washington, D.C., with the ... Read More >
Do you pay someone to watch your young child (or another qualifying dependent) while you’re at work? You may be entitled to claim the dependent ... Read More >
If you have a child or grandchild in college — congratulations! To help pay for the expenses, many parents and grandparents saved for years in tax-favored ... Read More >
After months of negotiations, Congress finally passed the long-awaited Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0). ... Read More >
The Inflation Reduction Act (IRA) includes many new and revised tax credits available to homeowners for energy-efficient home improvements and clean ... Read More >
Why you might want to file early and answers to other tax season questions. The IRS announced it opened the 2023 individual income tax return filing ... Read More >
We are pleased to announce that David Reichman, CPA, has been promoted to Director in the Firm’s Accounting and Auditing department. He specializes ... Read More >
On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes ... Read More >
Medicare health insurance premiums can add up — especially if you’re upper-income, married, and both you and your spouse pay premiums. Here ... Read More >
Many self-employed individuals are eligible to make annual contributions to Roth IRAs, despite having healthy earnings from their businesses. But some ... Read More >
We are pleased to announce that Amy Stumhofer has been promoted to a member (partner) in the Integrated Services Department. Previously Amy was a director ... Read More >
The IRS recently announced many inflation adjustments for the 2023 tax year. IRS Revenue Procedure 2022-38 provides details about these amounts. Because ... Read More >
If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated tax payments. This is the case ... Read More >
On 10/25/2022, the IRS updated the draft Partnership Instructions for Schedule K-2 and K-3, Form 1065, for the 2022 tax year. These new instructions, ... Read More >
Most organizations hire a CPA to issue financial statements that conform to U.S. Generally Accepted Accounting Principles (GAAP). But not all financial ... Read More >