SJG Blog
Now is the Time to Invest in Renewable Energy
As the Inflation Reduction Act of 2022 (IRA) turns one year old, companies in the renewable energy sector are seeing their growth “turbocharged,” fueled by increased demand for products and services that supply greener sources of power. We’re seeing significant shifts in consumer behavior, whether driven by altruism, climate concerns,
Tax Strategy and Tax Credits, with Greg Silberman, S.J. Gorowitz Accounting & Tax Services
Greg Silberman with S.J. Gorowitz Accounting & Tax Services – Featured Interview on Radio X
How to Find a Small Business Accountant
If you own a small- to mid-sized business, finding the right expert for your accounting and bookkeeping needs is critical to your operations. You may have tried to handle those functions yourself at one point and learned quickly that proper accounting can be time-consuming. With the help of a small
Inflation Reduction Act Expands Carbon Credits for Businesses
The Inflation Reduction Act of 2022 (IRA) has been called “the most significant climate legislation in U.S. history, offering funding, programs, and incentives to accelerate the transition to a clean energy economy.” Renewable energy is a topic of ongoing interest and relevance to businesses, particularly because the IRA significantly expanded
Understanding the New Estate and Gift Tax Limits for 2023
Each year, the IRS sets the annual gift tax exclusion, which allows a taxpayer to gift a certain amount per recipient tax-free. For 2023, the IRS announced that the annual gift tax exclusion would increase to $17,000 per recipient—the highest exclusion amount ever. Married couples may gift up to $34,000
The Latest on the Corporate Alternative Minimum Tax
A new Corporate Alternative Minimum Tax (CAMT) was enacted when the Inflation Reduction Act was signed into law in 2022. The tax is expected to raise a significant amount of revenue for the government. Businesses and their tax and finance teams should now dig into the details of the CAMT
Featured Posts
IRS Form W-9 Best Practices
Which Business Financial Records Should I Keep? And For How Long?
