Business Consulting and Planning

Using a Taxability Matrix to Simplify Business Sales Tax Compliance from One State and Locality to the Next by Christian J. Burgos, CMI, JD, LLM

Posted on May 21, 2025 by Christian Burgos

Sales tax compliance can be a monumental task for a business with activities in multiple states, each with their own tax rates and sales tax reporting thresholds. However, navigating through these complexities and maintaining compliance is possible with the right tools. States are increasingly looking for new ways to fill their tax gaps by establishing […]

Podcast – BPB Knows Lost Profits Calculations

Posted on April 17, 2025

In this episode, Director of Forensic and Advisory Services Scott Bouchner, CMA, CVA, CFE, CIRA, shares how lost profits calculations are used in dispute resolution matters.

Don’t Fall Victim to the Most Common Tax Scams by Angie Adames, CPA

Posted on April 09, 2025 by Angie Adames

Criminals are constantly developing new and more elaborate ways to deceive taxpayers, steal their identities and cheat them out of their hard-earned financial assets. To help protect yourself from becoming a victim of these crimes, the IRS annually publishes a list of the “Dirty Dozen” most common schemes and scams for which you should be […]

Podcast – BPB Knows Real Estate Developers vs Investors

Posted on April 03, 2025 by John Ebenger

In this episode Director of Tax Services John Ebenger, CPA, shares the differences between real estate investors and dealers and how each classification impacts taxes.

FinCEN Reinforces Beneficial Ownership Information Reporting for a Narrow Scope of Foreign Companies Registered to Do Business in the U.S. by Joel G. Young, JD, LLM

Posted on April 01, 2025 by Joel Young

On March 26, 2025, the Financial Crimes Enforcement Network (FinCEN) published an interim final ruling lifting a previous requirement for U.S. companies to report beneficial ownership information (BOI) under the Corporate Transparency Act (CTA). At the same time, however, the ruling reinforces a reporting requirement for a narrower scope of foreign companies. Domestic entities and […]

U.S. Taxpayers with Foreign Affiliates Have An Extra Reporting Requirement in 2025 by Jairan Shirazi

Posted on March 27, 2025 by Jairan Shirazi

U.S. persons, businesses, trusts and estates with 10 percent or more ownership interest or voting control over a foreign business enterprise in fiscal year 2024 have a quinquennial requirement to file a Bureau of Economic Analysis (BEA) Forms BE-10 by May 30 or June 30, 2025, depending on the number of forms they must file. […]

Podcast – BPB Knows State and Local Tax Credits

Posted on March 20, 2025 by Luke Lucas

In this episode, Associate Director of Tax Services Luke Lucas, CPA, shares often overlooked state and local tax issues, deductions and credits.

The Impact of IRS Workforce Reductions on Tax Enforcement: What Taxpayers Need to Know by Michael J. Brennan, CPA

Posted on March 19, 2025 by Michael Brennan

The Trump administration’s calls to reduce the size of the federal government and make the federal workforce more efficient[1] are expected to have a significant impact on the work of the Internal Revenue Service (IRS) and potentially end the agency’s 10-year plan to expand its tax compliance enforcement activities. However, savvy taxpayers should not assume […]

Planning for the Possible Phase Out of Bonus Depreciation by Joshua P. Heberling, CPA

Posted on March 18, 2025 by Joshua Heberling

The 2017 tax cuts introduced a temporary bonus depreciation provision that allowed businesses to immediately write off 100 percent of their costs for new and used qualifying property they placed into service between Sept. 28, 2017, and Dec. 31, 2022. The rate of this first-year depreciation deduction has decreased by 20 percent each subsequent year […]

Podcast – BPB Knows Piercing the Corporate Veil

Posted on March 06, 2025 by Joel Glick

In this episode Director of Forensic and Advisory Services Joel Glick, CPA/CFF, CFE, CGMA, explains the concepts behind piercing the corporate veil and how in partnership disputes and damages claims.

Category: Business Consulting and Planning