by paulagooch | Jan 30, 2024 | Giesecke, gift and trust services, Silver Advantage Alerts, Tax Compliance, Tax Services
By Katy Giesecke, CPA – Partner Illinois Estate Tax Illinois is one of the eleven states that impose an estate tax on a portion of a person’s assets upon death. The Illinois estate tax has a significantly lower exemption and broader reach than the federal estate tax...
by paulagooch | Jan 8, 2024 | Silver Advantage Alerts
By MichaelSilver We hope you had a good holiday season and are as excited for the new year as we are at MichaelSilver! Our Client Accounting/Advisory Services group at MichaelSilver is ready to prepare your 2023 1099s! There are minimal changes for 2023 preparation....
by paulagooch | Nov 30, 2023 | Automobile and Truck Dealerships, Silver Advantage Alerts, Tax Compliance, Tax Services
By Margaret Lulkiewicz, CPA – Supervisor, and Kristy McElroy, CPA – Senior Manager There is good news for individual consumers and businesses considering the purchase of an electric vehicle. The 2022 Inflation Reduction Act extended certain tax credits through 2032...
by paulagooch | Nov 22, 2023 | Silver Advantage Alerts, Tax Compliance, Tax Services
By Greg Diehl CPA – Manager Starting January 1, 2024, the IRS is requiring most businesses to file Form 8300 electronically (e-file) instead of filing a paper return. Form 8300 is used for businesses to report any transaction in which the business receives more...
