Recent Insights
Article
February 28, 2022
IRS releases more guidance for Schedules K-2 and K-3. See if your partnership or S corporation may qualify for this new limited exception to filing Schedules K-2 and K-3.
Article
March 1, 2022
We provide guidance on Beneficial Ownership Information Reporting for Closely Held Businesses. Learn about BOI reporting, who must file a report & more.
41:08
Speakers: Brooks E. Nelson, Sarah McGregor
Listen to our podcast to hear about the big events in the tax world during 2021 and the tax trends we expect to see continue in 2022.
Article
January 27, 2022
Learn about the rules of disguised sales of property by a partner to a partnership and the exception for reimbursed preformation expenditures.
Article
January 6, 2022
See the financial limitations set by the SBA's 8(a) program & how 8(a) owners should manage operations to remain under set limitations.
Alert
January 10, 2022
Learn how the Tax Cuts and Jobs Act (TCJA) changes the way personal casualty and theft loss are handled.
43:58
Speakers: Brooks E. Nelson, Sarah McGregor, Michael Elliot, Barry Weins
Listen to our podcast as we discuss 2021 federal guidance and court cases that have an impact on closely held businesses and their owners.
Article
December 15, 2021
The IRS released three revenue procedures for Paycheck Protection Program (PPP) loans regarding timing issues, allocation issues and amended returns. Learn more now.
Article
December 14, 2021
Get more guidance on 2021 and 2022 business income tax deductions for 100% of the food or beverage expenses (Notice 2021-25 and Notice 2021-63).
Article
December 14, 2021
See IIJA’s new tax reporting requirements of cryptocurrency transactions occurring after December 31, 2022. Contact Cherry Bekaert for help.