Wardy & Davis has been recognized as one of Accounting Today’s 2023 Regional Leaders in the Great lakes for the seventh consecutive year.
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American Innovation and Jobs Act Aims to Repeal Section 174 Amortization Requirements and Expand R&D Tax Credit
On March 17, 2023, Sens. Maggie Hassan (D-NH) and Todd Young (R-IN) reintroduced the American Innovation and Jobs Act (“The Act”) to expand R&D tax credit.
U.S. Supreme Court rules against the IRS on critical FBAR issue
Bittner v. U.S., the U.S. Supreme Court ruled that the penalty for non-willingly failing to file an FBAR applied on a lower per-report basis, not on a per-account basis
President Biden’s proposed budget includes notable tax provisions
Here’s a rundown of the business and individual tax provisions included in President Biden’s recently released budget proposal.
SECURE 2.0 – A Game Changer for Retirement Planning
Included in Consolidated Appropriations Act of 2023 is a package of enhanced retirement benefits, otherwise known as the SECURE 2.0 Act.
Year-end Spending Package Tackles Retirement Planning and More
Included in Consolidated Appropriations Act of 2023 is a package of enhanced retirement benefits, otherwise known as the SECURE 2.0 Act.
Year-End Tax Planning Strategies for Your Business
As 2022 winds down, now is the time for your business to take stock of its tax situation and implement year-end tax planning strategies.
5 Steps to Take Now to Cut Your 2022 Tax Liability
Are you interested in reducing your 2022 tax liability?
Businesses Still Have Time to Claim the ERC
Employers may still claim the Employee Retention Credit (ERC) retroactively by filing amended payroll tax returns (Form 941-X) for tax years 2020 and 2021.