Dan Cahill
Tax Planning Guides for Businesses & Individuals (2021-2022)
When considering your optimal tax planning & compliance strategy, business & individual tax payers must account for all current and impending tax code changes. This includes the 2017 Tax Cuts and Jobs Act, the 2019 Further Consolidated Appropriations Act, the 2020 Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and subsequent stimulus initiatives, as […]
Texas Franchise Tax Gross Receipts Sourcing Reform
AAFCPAs would like to make clients aware that the Texas Comptroller of Public Accounts has adopted revisions to Franchise Tax apportionment rules proposed on November 2, 2020 under 34 Tex. Admin. Code section 3.591. The revisions seek to align statutory law with prior Court rulings, and to provide industry-specific updates. The changes may affect receipts […]
Multi-State Worker Tax Considerations
AAFCPAs would like to make clients aware that Congress has introduced a bill under H.R. 7968 that would limit a state’s ability to tax nonresident telecommuters. The general rule is that an employee pays income taxes to the state where wages are earned, which can be different than the state where the employee lives. This […]
AAFCPAs’ 2018 Year-End Tax Planning for Privately-Held Companies (Part 1) Webinar Now Available OnDemand
AAFCPAs’ 2018 Year-End Tax Planning for Privately-Held Companies (Part 1) Webinar, presented live on Wednesday, October 17th, is now available 24/7 via our website.
Webinar: 2018 Year-End Tax Planning for Privately-Held Companies (Part 1)
Information continues to emerge as a result of the monumental Tax Cuts & Jobs Act. For privately-held companies, the TCJA impacts your financial statements, operating model, liquidity, investments and capital, and people. For individuals, the TCJA impacts personal withholdings, charitable giving, family & education, retirement, and estate planning. AAFCPAs is pleased to offer a timely, […]
IRS Issues Proposed Regulations on Charitable Contributions and State and Local Tax Credits
The IRS recently released proposed regulations addressing the state and local itemized tax deduction, available to individual taxpayers on their Federal tax returns. The regulations also apply to trusts and decendents’ estates. Under the Tax Cuts and Jobs Act, the state and local tax deduction (consisting primarily of income, real estate and other property, and […]
AAFCPAs’ Richard Weiner and Daniel Cahill to Co-Present Tax Act Briefing: Choice of Entity After the TCJA
AAFCPAs’ Tax Partner Richard Weiner, CPA, MST, Tax Manager Daniel Cahill, CPA, and Joseph B. Darby III, a Partner in Sullivan & Worcester’s Boston office, will present an educational briefing on September 26th from 4:00pm-5:45pm on the topic of Choice of Entity After the 2017 Tax Act: The Popular Passion for Pass-Through Entities May Be […]
AAFCPAs Promotes Five New Managers to Support Firm Growth
It is with great pleasure that AAFCPAs recognizes the skill, effort, character, and dedication of five exceptional team members by promoting them to Manager. Through their commitment and unflagging enthusiasm to deliver excellence in service to our growing client base, each of the following individuals has earned this distinguished recognition and promotion to his or […]