IRS Announces Form 1099-K Reporting Threshold Delay
Due to feedback given by taxpayers, tax professionals, and payment processors, the IRS recently released Notice 2023-74, which announces a…
Read More At Burkett Burkett & Burkett Certified Public Accountants, P.A., we provide a full range of services to individuals, small and large businesses, professional firms, and governmental and non-profit entities.
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There Still May Be Time to Reduce Your Small Business 2023 Tax Bill
In the midst of holiday parties and shopping for gifts, don’t forget to consider steps to cut the 2023 tax…
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Key 2024 Inflation-Adjusted Tax Amounts for Individuals
The IRS recently announced various 2024 inflation-adjusted federal tax amounts that affect individual taxpayers. Most of the federal income tax…
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Key 2024 Inflation-Adjusted Tax Parameters for Small Businesses and Their Owners
The IRS recently announced various inflation-adjusted federal income tax amounts. Here’s a rundown of the amounts that are most likely…
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11 Exceptions to the 10% Penalty Tax on Early IRA Withdrawals
If you’re facing a serious cash shortfall, one possible solution is to take an early withdrawal from your traditional IRA.…
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A Cost Segregation Study May Cut Taxes and Boost Cash Flow
Is your business depreciating over 30 years the entire cost of constructing the building that houses your enterprise? If so,…
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