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As you navigate this new business environment, leaders need the right guidance and direction to move forward. Tap into our customized tax, audit, accounting and business advisory solutions to help you recover from disruption and grow stronger. Contact a PBMares advisor today.
RECENT INSIGHTS:
Work Opportunity Tax Credit Can Help Construction Contractors in the War for Talent
Amid the labor shortage, construction contractors can recruit from certain targeted groups that traditionally face barriers to employment. In return, they can claim the Work Opportunity Tax Credit.
Tax increases resurface with Manchin’s support of new reconciliation framework
Tax proposals in a revived reconciliation measure include a 15% corporate minimum tax, a boost to IRS enforcement and carried interest modifications.
OMB Issues 2022 Compliance Supplement
The OMB has released the 2022 Compliance Supplement, which is effective for audits of fiscal years beginning after June 30, 2021.
Top Programs for Winning Government Contracts: A Smaller Contractor’s Resource
The Federal government uses special programs to help small businesses win at least 23 percent of all federal contracting dollars each year. Small businesses should take advantage of these programs to give them a competitive edge in the government contracting arena.
Virginia School Tax Credit Program Offers 65 Percent Tax Credit to Individual and Business Donors
Virginia’s tax credit education scholarship program saw its funding fully restored in the new state budget. The EISTC program allows eligible donors to claim a 65% tax credit against five state taxes.
Businesses Already Strained by COVID-19 Should Prepare for Hurricane Season
Coming off the heels of the pandemic, sectors such as insurance, real estate, hospitality and healthcare are particularly vulnerable this hurricane season. To help understand the risks, we take a look at how different industries can prepare for such a catastrophe – before it hits.
