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This article applies to those who have been the subject of an IRS examination or audit. The Large Business & International Division (LB&I) announced that…read more
If your not-for-profit has lost financial support during the pandemic, you may be looking for ways to raise new revenue. But if your proposed solution…read more
Are you an entity that receives more than $500,000 from the Medicaid program on an annual basis? Does the amount you receive from Medicaid represent…read more
The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers β but only for a limited duration. The…read more
This article applies to those who have been the subject of an IRS examination or audit. The Large Business & International Division (LB&I) announced that…read more
Summary Employer business deductions for qualified transportation fringes ended in 2018.Β The 2017 tax reform known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97,…read more
Are you considering replacing a car that youβre using in your business? There are several tax implications to keep in mind. A Cap on Deductions…read more
If youβre buying or replacing a vehicle that youβll use in your business, be aware that a heavy SUV may provide a more generous tax…read more
The holiday season is here. During this festive season, your business may want to show its gratitude to employees and customers by giving them gifts…read more
If you and your employees are traveling for business this summer, there are a number of considerations to keep in mind. Under tax law, in…read more
Charlotte thought she knew everything about running a not-for-profit community hospital. So the CEO was shocked when the IRS contacted her hospital about potentially losing…read more
January, 2022 β EFPR Group, LLP is proud to announce eight individuals with the Firm have been promoted to partner: John Costilow, Andrew Fox, Jennifer…read more
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