2024
Year-end tax planning
Year-end tax planning
Tax Trends: 2024 year-end planning series
Our five-part webinar series featured specialists from our tax practice who discussed legislative and regulatory developments and changes in the marketplace, as well as clients’ most frequently asked questions. These sessions help attendees stay up to date on the latest issues they should be aware of for the 2024 tax year.
Baker Tilly specialists addressed noteworthy topics such as tax policy, the Inflation Reduction Act’s energy tax credit regime, impact of the Tax Cuts and Jobs Act’s pending expiring provisions on taxpayers, among others.
View the series
Check out the recordings of our engaging Tax Trends: 2024 year-end tax planning webinar series.
2024 year-end tax planning: Federal business tax update
Our federal business tax update discussed recent, notable cases impacting tax law, the Inflation Reduction Act (IRA) and TCJA, potential tax reform and the 2025 fiscal cliff.
2024 year-end tax planning: Individual tax update
Our individual tax update dove into recent tax law changes, essential updates, including TCJA expirations, and practical tips to help with year-end tax planning.
2024 year-end tax planning: International and transfer pricing update
Our international and transfer pricing update covered select key legislative, regulatory, judicial and other developments
2024 year-end tax planning: State and local tax update
Our state and local tax (SALT) update highlighted important considerations for year-end planning and provided an overview of recent state tax legislative updates.
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Strategies to make the most of year-end gift giving and prepare for 2025
Read our article for insight into wealth planning strategies and recent legislation changes to help you plan for 2025.
The ERC: Overview of IRS enforcement efforts
James Creech discusses the Employee Retention Credit (ERC), a pandemic relief tool providing direct payments to taxpayers for wages paid to eligible employees.
December 2024 Policy Pulse
Key tax policy news and analysis on legislative and regulatory tax developments, including potential tax reform in the wake of election outcomes.
Tax Trends: 2024 quarterly tax roundtable
Baker Tilly’s Tax Trends: Quarterly tax roundtable provides insight into recent tax regulations, evolving tax policies and updates on tax accounting methods.
Tax policy and the 2024 election
Tax policy can have significant economic implications and is often a key driver of decision-making for business and individual taxpayers alike. An understanding of tax policy is critical to navigating uncertainty and planning for changes in the tax landscape. With that in mind, Baker Tilly is pleased to provide details and insights on tax policy and the 2024 election.
November 2024 Policy Pulse
Key tax policy news for November 2024 and analysis on legislative and regulatory tax developments, including insights surrounding the election.
Delaware targets companies: VDA invitations and verified report requests
If your corporate structure includes entities incorporated in Delaware, you may receive an invitation to the Voluntary Disclosure Agreement (VDA) program.
Supreme Court overturns Chevron decision – Implications for government regulations going forward
The SCOTUS decision to overturn the Chevron doctrine has significant implications for federal regulatory power and the future of tax law.
Moore v. United States: What’s next?
Baker Tilly tax professionals provide an overview to better understand the implications of the SCOTUS ruling in Moore v. United States.
Treasury and IRS release long-anticipated CAMT proposed regulations
The IRS has issued interim guidance to help corporations determine the applicability of the new corporate alternative minimum tax (CAMT) and how to compute it. It includes rules for calculating financial statement income and AFSI.
Federal and California political donation limitations and reporting requirements
Learn more about how donors can avoid incurring penalties at both the California and federal levels while making political contributions.
October 2024 Policy Pulse
Key tax policy news and analysis on legislative and regulatory tax developments for October 2024, including tax policy and the upcoming election, IRS operations and funding, and the Employee Retention Credit.
IRS announces second ERC voluntary disclosure program
The IRS has announced a second Employee Retention Credit (ERC) voluntary disclosure program (VDP) allowing eligible taxpayers to disclose and repay 85% of 2021 ERC claims. Additionally, the IRS announced plans to mail upwards of 30,000 “clawback” notices to reverse or recapture improper claims.
2023 year-end business tax planning
Take a look back at the year-end tax landscape in 2023.
2023 year-end tax letter
In case you missed it, check out our year-end tax planning letter from last year.
The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments. Baker Tilly US, LLP does not practice law, nor does it give legal advice, and makes no representations regarding questions of legal interpretation.