Are R&D Tax Credits Still Worth It in 2025? Orange County CPA
For businesses investing in process improvements, product development, or new technologies, R&D tax credits remain a powerful tool in 2025.| LSL CPAs
Prescribed rate to remain at 3% for third consecutive quarter| Tax | Advisor.ca
RRSP dollar limit also announced| Tax | Advisor.ca
Middle-class tax cut will adversely affect fewer than 1% of single and couple tax filers| Tax | Advisor.ca
Legislative changes aren’t yet in a notice of ways and means motion| Tax | Advisor.ca
The news that a significant number of IRS employees have been furloughed due to the ongoing government shutdown has left millions of taxpayers with unanswered questions. If you’re asking what this means for your refund, the final October filing deadline, the tax filing process, or who you can reach out to for help, you are The post IRS Furlough Guide: Will Your Refund Be Delayed? Can You Get Help? appeared first on Blog.| Blog
In 2025, manufacturers and other capital-intensive industries get a rare bit of good news from Washington. Thanks to a provision in the One Big Beautiful Bill Act (OBBBA), the limitation on business interest deductions is once again based on EBITDA—not EBIT. For these companies, that technical-sounding change can mean real tax savings and more flexibility... The post EBITDA Is Back: Bigger Interest Deductions in 2025 appeared first on LSL CPAs.| LSL CPAs
Happy Labor Day! Are you shopping for a car this weekend? Perhaps you should be! Labor Day is the unofficial end of summer. Many of us are planning one more beach trip, hike, bike ride, picnic, or barbeque this long weekend. Here’s why you might want to add car shopping to your list. We have... The post Revisiting Clean Vehicle Tax Credit Just in Time for Labor Day appeared first on LSL CPAs.| LSL CPAs
For businesses investing in process improvements, product development, or new technologies, R&D tax credits remain a powerful tool in 2025.| LSL CPAs
Industry professionals call for penalty relief and quicker notification of overcontributions| Advisor.ca
Mortgage-seeking client was affected by outstanding — although incorrect — CRA liability| Tax News | Advisor.ca
Move follows 100-day timeline to fix delays| Advisor.ca
The IRS has released a draft version of the 2026 Form W-2, Wage and Tax Statement, which adds new fields to accommodate the tax exemptions on tips and overtime income from the “One Big Beautiful Bill Act.” On July 4, 2025, President Trump enacted the One Big Beautiful Bill Act, introducing significant changes to tax […] The post IRS Issues Draft 2026 Form W-2 to Address Tips and Overtime Tax Exemption Reporting first appeared on THInc.| THInc
Agency confirms the interest rate Canadians must pay on overdue tax will remain 7% in the fourth quarter| Advisor.ca
Opinion: CRA can improve its administration of bare trusts and the Canada child benefit| Advisor.ca
The recently signed "Big Beautiful Bill" Act fully preserves the Pass-Through Entity Tax (PTET) deduction. This deduction, often referred to as the small business deduction (Section 199A), enables eligible taxpayers to deduct up to 20% of their qualified business income (QBI) from their federal income tax liability. Legislative uncertainty surrounding the Pass-Through Entity Tax (PTET)| THInc
July 4 the President signed the One Big Beautiful Bill Act (OBBBA) into law. Here's what you need to know & how you can start planning ahead.| LSL CPAs
One of the simplest ways is to ensure you are fully utilising your tax-free allowances.| numericaccounting
Plus, how proposed U.S. tax bill would affect clients’ U.S.-source income| Advisor.ca
If you’re a Georgia resident you may receive a Georgia State Surplus Tax Refund soon. The State of Georgia began issuing the tax refunds from the state’s tax year 2021 surplus funds to eligible filers on June 2, 2025. If you filed your 2023 tax return on time and 2024 tax return by the May The post Georgia State Surplus Tax Refund: Everything You Need to Know About the Rebate appeared first on Blog.| Blog
In the UK, any employer that provides employees or directors with shares or securities—whether as part of a formal share scheme or through ad hoc arrangements—is required to report these events to HM Revenue & Customs (HMRC) via an annual Employment-Related Securities (ERS) return. These rules apply regardless of whether the company operates a registered| Taxoo | Tax, Accounting & Business
The New April 2025 classifications are important if you are a business owner who is considering buying a double cab pickup. We are here to help you understand the new tax classifications and the longer-term impact of your decision.| numericaccounting
This blog from Numeric Accounting looks at Making Tax Digital for Income Tax Self Assessment and tells you what you need to know.| numericaccounting
Report outlines CRA communication failures that resulted in wasted time, effort, from taxpayers| Advisor.ca
THE NEW VAT RULES FOR CONSTRUCTION SECTOR START ON 1 MARCH 2021 New VAT rules are due to come into effect on 1st March which will impact accounting for VAT for transactions in the construction sector. The new rules are called “the domestic reverse charge for supplies of building and construction services”. Under the new...| numericaccounting
