by Bronswick | Dec 7, 2023 | Blog, News
A taxpayer’s tax accounting methods determine when income is recognized and costs are deducted for income tax purposes. Strategically adopting or changing tax accounting methods can provide opportunities to drive tax savings and increase cash flow. However, the rules...
by Bronswick | Dec 7, 2023 | Blog, News
There has been a lot of activity with tax incentives and credits for business in 2023. Following is a list of incentives discussed in this article. Scroll down to the incentive(s) that are of interest to you. Employee Retention Credit Credit for Increasing Research...
by Bronswick | Dec 7, 2023 | Blog, News
Employee Retention Credit The employee retention credit (ERC) is a refundable payroll tax credit for wages and health plan expenses paid or incurred by an employer (1) whose operations were either fully or partially suspended due to a COVID-19-related governmental...
by Bronswick | Nov 29, 2023 | Blog, News
With rising interest rates, inflation and continuing market volatility, tax planning is as essential as ever for taxpayers looking to manage cash flow while paying the least amount of taxes possible over time. As we approach year end, now is the time for individuals,...
