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It’s been a long two years. But many not-for-profits are starting to plan in-person galas and other special events for this coming summer and autumn….read more
The IRS announced it is opening the 2021 individual income tax return filing season on January 24. (Business returns are already being accepted.) Even if…read more
Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The average nationwide price of a…read more
It takes more than dedication and enthusiasm for your not-for-profit’s cause and programs to make a good board member. The most critical duty for all…read more
January, 2022 – EFPR Group, LLP is proud to announce eight individuals with the Firm have been promoted to partner: John Costilow, Andrew Fox, Jennifer…read more
High-income taxpayers face two special taxes — a 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and self-employment income….read more
If your not-for-profit is trying to fulfill its mission with less volunteer help these days, you’re not alone. A December 2021 Gallop poll found that…read more
This article may be applicable to anyone with ownership in a Non-US Corporation. It discusses the IRC Section 965 transition tax that was in effect…read more
Jim Marasco talked to Jeannie McBride, from News 8 WROC Rochester, about recognizing and preventing scams during this tax season. We encourage you to click…read more
Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax bill on the gain is…read more
Are you in the early stages of divorce? In addition to the tough personal issues that you’re dealing with, several tax concerns need to be…read more
COVID-19 was a kind of disaster most not-for-profits weren’t prepared for. As your organization recovers from this unusual event, don’t let it become vulnerable to…read more
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