Tax Planning & Compliance
How to Use This Year’s Market Tumble to Reduce Your Tax Bill
Barron’s Magazine (November 13th, 2022) – This year’s market mayhem could shave your tax bill for years to come. AAFCPAs’ Partner & Tax Attorney Joshua England, LLM, Esq. was interviewed by Barron’s magazine on tax strategies in a down market. (This is subscriber-only content.)
Watch Now: 2022 Year-End Tax Planning & Compliance for Privately Held Companies
Year-End Business Tax Planning In this live webinar, AAFCPAs’ Business Tax Advisors covered Federal, State, and International tax planning strategies for privately held businesses. Listen to hear what you may need to consider now to optimize your 2022 tax position. Topics Covered Include: Federal Taxation: Tax Credits Employee Retention Credit: Do you qualify, and how […]
Webinar: 2022 Year-End Tax Planning & Compliance for Individuals, Families, and Trusts
Watch Now: Individual & Family Tax & Wealth Preservation Tax planning is a critical challenge—especially in times of legislative and economic uncertainty. In this recorded webinar, AAFCPAs Tax Advisors will provide clients and friends with information on what they need to consider now to optimize their 2022 and beyond tax position. Topics Covered Include: Tax […]
Watch Now: 2022 Year-End Tax Planning & Compliance for Cannabis Businesses
Year End Cannabis Business Tax Planning In this live webinar, AAFCPAs’ Cannabis Practice Leaders covered Federal & State tax planning strategies for cannabis businesses. Listen to hear what you may need to consider now to optimize your 2022 tax position. Topics Covered Include: Key considerations for Tax Compliance Readiness 280E Tax key considerations, and the […]
Tax Planning Guide for Businesses & Individuals (2022-2023)
Year-end tax planning is the practice of evaluating your tax situation and trying to minimize your tax liabilities while looking at your overall financial position. It is also a good time to review your estimated tax requirements, anticipated cash outlays at the filing deadline, and working to avoid underpayment of estimated tax penalties. While this can take […]
Important Changes To New Hampshire Business Profits Tax
AAFCPAs would like to make clients aware, if you are subject to New Hampshire’s Business Profits tax, there are two significant 2022 legislative updates which address net operating losses and combined reporting. Tax Information Release (TIR) No. 2022-003 modifies the calculation of the net operating loss (NOL) carryover deduction for tax years ending on or […]
Watch Live: 2022 Year-End Tax Planning Webinars
SAVE THE DATE! AAFCPAs is excited to announce its annual year-end tax planning webinar series, which will provide insight into strategies for 2022-year end that clients may take advantage of now to realize a more favorable tax outcome. Business Tax Wednesday, November 9th 12 – 1 pm Cannabis Business Tax Thursday, November 10th 12:30 – […]
MA Taxpayers May Expect Refunds of Excess Tax Revenue
Massachusetts’ State Auditor Suzanne Bump recently announced that Fiscal Year 2022 (FY22) Massachusetts tax revenue collections exceeded the annual tax revenue cap set by Chapter 62F of the Massachusetts General Laws by $2.941 billion. This revenue will be returned to taxpayers in the coming months. In general, eligible taxpayers will receive a credit in the […]
Maryland SaaS Taxability
AAFCPAs would like to make clients aware of new Maryland sales tax legislation, which effectively narrowed the definition of digital products and changed the sales taxability of Software as a Service (SaaS), effective July 1, 2022. Background In March 2021, Maryland’s Office of the Comptroller issued guidance on digital products and announced that SaaS would […]