UPDATE 8/11/21: The IRS recently posted “Common questions about the advance child tax credit payments. Click here to learn more. Recently, there were changes made to the child tax credit…

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By: Daniel Eissmann, CPA Several changes have taken place in the past few years in regards to Unrelated Business Income (UBI) Net Operating Loss (NOL) Carrybacks. In addition, additional measures…

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Real estate has had a banner year as mortgage rates continue to be low, more people are looking to buy than those who are selling and home prices continue to…

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By: Luci M. Roseman, CPA To Expense or Capitalize? That is a question that continues to elude taxpayers. Historically, the general rule has always been that tangible property with a…

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By: Jason Shuman, Staff Accountant One of the more common questions we get asked leading up to and during tax season is about the reporting of rental properties. At first…

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By: Mitchell Byerly, CPA The research and development (R&D) credit is a great incentive to spur innovation and improvements that benefit us all. Let’s take a closer look. What is…

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By: Alfredo T. Muniz, Cover & Rossiter What is the 990? IRS Form 990 is a document that most federally tax-exempt organizations, including charitable nonprofit organizations or foundations, file each…

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