Tax Relief for American Families and Workers Act of 2024
On January 31, 2024 the House of Representatives passed the Tax Relief for American Families and Workers Act, providing business tax breaks and expanded child care credits. Learn if you should consider filing an extension for your 2023 individual and business tax return and consult with a professional tax advisor for evaluation.
Searching for a CFO? 3 Ways to Build a Modern & High-Performing Finance and Accounting Team
Learn about the new CEO mandate, 3 ways to build a high-performing F&A team around a new CFO, and how outsourced accounting services could help.
PBMares Wins ClearlyRated’s 2024 Best of Accounting Award for Service Excellence
PBMares LLP, a Top 100 Mid-Atlantic public accounting firm, has been recognized as one of America’s Most Recommended Tax and Accounting Firms in a first-of-its-kind ranking from USA Today and Statista R.
IRS Issues Proposed Regulations on Donor Advised Funds
The IRS has proposed new regulations for Donor Advised Funds (DAFs), impacting how they are defined and managed. These regulations clarify the roles of donors and donor-advisors, introducing specific criteria for identifying DAFs and broadening the scope of liability for taxable distributions.
Part 3: Business Valuation Methods
Learn more about three ways to approach calculating a company’s value. Within each approach, commonly accepted methods exist that can be used in determining the value of a business.
RetirePath Virginia Registration Deadline is February 15, 2024
RetirePath Virginia, an automatic-enrollment, state-facilitated individual retirement account savings program, has a deadline to register of February 15, 2024 for eligible businesses. Businesses that fail to respond may face an annual penalty of up to $200 per eligible employee.
