The Internal Revenue Services (IRS) has announced a second and final offering of a voluntary disclosure program (VDP) to organizations who filed for and received...
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IRS Employee Retention Credit (ERC) Audits: New Payments, Denials, and Appeals
Following a ten-month hiatus, the Internal Revenue Service (IRS) has updated the public on the status of processing Employee Retention Credit (ERC) claims. While the...
Aug 14, 2024
7 Min Read
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Understanding Oregon Initiative Petition 17 (IP 17)
The Oregon Rebate and its Proposed Corporate Tax Changes If approved by voters, Oregon’s Initiative Petition 17 (IP 17) would result in potential annual rebates...
Aug 12, 2024
7 Min Read
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New BOI Reporting Requirement Is Here with Steep Consequences for Non-Compliance; REDW Can Help.
Starting January 1, 2024, many businesses are now required to comply with the Corporate Transparency Act which requires the disclosure of the beneficial ownership information...
Jul 25, 2024
6 Min Read
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Tax Credit Opportunity: Portland’s Downtown Business Incentive Credit
The trend of remote and hybrid work patterns continues to affect communities around the globe. It’s created a drop in foot traffic and spending in...
Jul 9, 2024
7 Min Read
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Tax Savings Opportunity: Claiming Arizona’s Quality Jobs Credit in 2024
While attracting talent and retaining employees are two of the most difficult challenges faced by today’s business owners, one Arizona tax benefit can help with...
Jul 9, 2024
7 Min Read
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Arizona Pass-Through Entity (PTE) 2024 Update
State and local governments have different agendas than the Federal government. The former seeks to protect their constituents’ interests, win funding for them, and gain...
May 24, 2024
7 Min Read
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Deadline Approaching: California Pass-through Entity Elective Tax (PTE Tax)
California—like most states—enacted legislation to offset the impact of the $10,000 deduction limitation on pass-through entities (PTEs) by the Tax Cuts and Jobs Act of...
May 2, 2024
6 Min Read
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The Rise of Wealth Taxes: Understanding the Impact on Individuals and Businesses
This year’s State of the Union Address (SOTU) and Federal budget proposal included sweeping proposals that focus on tax reforms impacting high earners, a particularly...
Apr 5, 2024
14 Min Read
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Microsoft’s $94M Win: Taxpayer Prevails Over California Tax Board
Microsoft has won a significant case against California that will recover millions of dollars for thousands of companies that do business in California. The California...
Apr 5, 2024
5 Min Read