EGAN, Minn. /CitizenWire/ — The IRS Large Business and International (LB&I) Division released an updated Practice Unit for its agents to audit the 179D Energy Efficient Commercial Buildings Deduction (179D Deduction), ICS Tax, LLC announced today. It confirms that taxpayers can use the ASHRAE Standard 90.1-2007 rather than newer, more strict standards but also could […]
Tag Archives | Taxes and Accounting
News: PitBullTax Software Integrates with Major Tech Companies to Further Dominate The IRS Tax Resolution Industry | CitizenWire
CORAL SPRINGS, Fla. /CitizenWire/ — PitBullTax Software, the Nation’s Leading IRS Tax Resolution Software for CPAs, EAs and Tax Attorneys has announced the release of Version 7.0. PitBullTax Software has licensees in all 50 states that rely on their software to prepare their clients’ IRS resolution cases.
News: Business and Economic Empowerment Leader Dr. Velma Trayham Announced as Keynote Speaker for Takeaway Tax Business Conference in Houston, TX | CitizenWire
HOUSTON, Texas /CitizenWire/ — Highlighting the power of entrepreneurship to change the world and end poverty, award-winning B2B/diversity consultant and leader Dr. Velma Trayham (CEO of Thinkzilla Consulting Group) has been announced as the keynote speaker for TakeAway Tax’s upcoming Tax Business Conference in Houston on Aug. 4.
News: The Importance of Integrity Within the Tax Consulting Industry | CitizenWire
SAVAGE, Minn. /CitizenWire/ — Choosing a tax consulting firm as a trusted advisor is an exceptionally important decision for both businesses needing such services as well as accounting firms who refer them to their clients, says ICS Tax, LLC.
News: KROST Named 2022 Top 100 Firms by Accounting Today | CitizenWire
PASADENA, Calif. /CitizenWire/ — KROST was recognized as a Top 100 Firm by Accounting Today. The firm ranked 76th with a 18.08% change in revenue from last year. KROST has now been ranked in this prestigious list two years in a row. With new services on the horizon, KROST continues to develop ways to add […]
News: KROST Recognized by Los Angeles Business Journal as among Top Accounting Firms for 2022 | CitizenWire
PASADENA, Calif. /CitizenWire/ — KROST was recognized as one of Los Angeles Business Journals’ Top 100 Accounting Firms in Los Angeles County, with 78% growth in revenue between 2020 and 2019, the firm is ranked 22nd on the list. KROST received this recognition during the Los Angeles Business Journal’s Disruptor Awards virtual event.
News: KROST CPAs & Consultants Announces Greg Kniss as Chairman of the Board, Jason Melillo as CEO and Keith Hamasaki as Principal of Assurance and Advisory | CitizenWire
LOS ANGELES, Calif. /CitizenWire/ — Los Angeles-based CPA Firm, KROST CPAs and Consultants announced that Greg Kniss has been appointed to Chairman of the Board, Jason Melillo promoted as the new CEO, and Keith Hamasaki to Principal of Assurance & Advisory services.
News: KROST Posts Record Year of M&A Advisory in 2021, Expects Trend to Continue in 2022 | CitizenWire
LOS ANGELES, Calif. /CitizenWire/ — KROST CPAs and Consultants reported a record year of M&A advisory work in 2021 and expects to remain equally busy in 2022. “We were involved in 21 buy-side and sell-side transactions in 2021,” said Paren Knadjian, Head of M&A and Capital Markets at KROST.
News: EnergyCAP Names Lalit Agarwal Vice President, Energy Management and Sustainability | CitizenWire
STATE COLLEGE, Pa. /CitizenWire/ — EnergyCAP, LLC, the leading provider of energy management and utility bill processing software, today announced that Lalit Agarwal has been named Vice President, Energy Management & Sustainability.
News: IRS Mandates Additional Requirements for R&D Tax Credit Refund Claims | CitizenWire
SAVAGE, Minn. /CitizenWire/ — In 2007, the IRS made the Research & Development (R&D) tax credit a Tier 1 issue, says ICS Tax, LLC (ICS). Tier 1 issues were those of high strategic importance that had a significant impact on one or more industries, essentially meaning that the IRS would audit taxpayers filing amended returns […]
News: Certa Partners with Comply Exchange, Digitizes Third Party Tax Journey | CitizenWire
SARATOGA, Calif. /CitizenWire/ — Certa, the leading no-code third party risk management platform today announced its integration with Comply Exchange, a global leader in tax compliance. Certa is the only platform that digitizes, orchestrates, and automates the entire third-party journey across procurement, compliance, IT, legal, finance, and other groups.
News: EnergyCAP Appoints Thomas R. Patterson, Jr. as Chief Executive Officer | CitizenWire
BOALSBURG, Pa. /CitizenWire/ — EnergyCAP, LLC (ENC), the leading provider of data and analytics software for energy and utility bill management, today announced that Thomas R. Patterson, Jr. (Tom) has been named as Chief Executive Officer (CEO) of the company. Steve Heinz, who founded the company in 1982, will retire from his role as CEO […]
News: ICS Welcomes Adam Finesilver CPA to the New Alabama Office | CitizenWire
MONTGOMERY, Ala. /CitizenWire/ — ICS Tax, LLC is excited to announce its Southeast regional expansion with a new office in Montgomery, Alabama. ICS welcomes Adam Finesilver, CPA as its Regional Director. Adam brings over 13 years of experience providing tax advisory services to clients in real estate, financial and professional services industries.
News: KROST Acts as Exclusive Financial Advisor for Integrity Bio in Sale to Curia | CitizenWire
LOS ANGELES, Calif. /CitizenWire/ — Integrity Bio, Inc., a privately held formulation and fill-finish organization, was sold to Curia (formerly Albany Molecular Research, Inc. (AMRI)), a Contract Development and Manufacturing Organization (CDMO) and leading global provider of advanced contract research, development, and manufacturing solutions. KROST, a Los Angeles-based firm, acted as the exclusive financial advisor […]
News: Fanplayr Receives SOC 2 Type 2 Certification for Data Security Processes from American Institute of CPAs | CitizenWire
PALO ALTO, Calif. /CitizenWire/ — Fanplayr, a global leader in online behavioral personalization, artificial intelligence and user privacy, announces it has successfully achieved the Service Organization Control (SOC) 2 Type 2 certification.
News: The IRS Collection is Now Back and Sending Final Intent to Levy Notices – Ace Plus Tax Resolution Suggests Tax Relief Strategies | CitizenWire
LOS ANGELES, Calif. /CitizenWire/ — James Cha, a CPA and a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, underlines that the IRS is starting its collection actions by sending Final Intent to Levy notices, and urges taxpayers to act with tax relief strategies.
News: Travis Mlodzik Elected President of the American Society of Cost Segregation Professionals | CitizenWire
SAVAGE, Minn. /CitizenWire/ — Travis Mlodzik, Central Practice Leader for ICS Tax, LLC has been elected President of the American Society of Cost Segregation Professionals (ASCSP). Cost Segregation is a tremendously valuable tax planning strategy for real estate investors. The ASCSP provides education, credentialing, and a code of ethics for its members while representing the […]
News: Say Goodbye to Receipt Headaches! AmTrav and Emburse Automate Travel Expenses | CitizenWire
AGOURA HILLS, Calif. /CitizenWire/ — AmTrav, the one connected platform for business travel, and Emburse, a global leader in expense management and accounts payable automation, today announced the next evolution in their partnership with the launch of their automatic receipts integration.
News: HWS Enters into An Exclusive Partnership with Mrs. LTC to Offer Long-Term Care Claim Processing for Household Employers | CitizenWire
STERLING, Va. /CitizenWire/ — HomeWork Solutions (HWS), the industry expert in household payroll and employment taxes, has entered into an exclusive partnership agreement with Mrs. LTC, a leading provider of Long-Term Care Claims processing.
News: Report: Over One Quarter of All Mileage Reimbursement Claims Are Overreported | CitizenWire
ISSAQUAH, Wash. /CitizenWire/ — According to internal data gathered by TripLog, a leading enterprise mileage and expense tracking solution, over 1/4 (nearly 30%) of all mileage is overreported, which could potentially cost businesses millions of dollars per year in fraudulent reimbursements.
News: Compleat Software Invited to Join the Information Technology Alliance (ITA) as an Alliance Partner | CitizenWire
ATLANTA, Ga. /CitizenWire/ — Being recognized for its clear commitment to providing superior technology products and solutions to small and medium-size businesses, Compleat Software has joined the Information Technology Alliance (ITA).
News: Proposed Legislation Would Make the 45L and 179D Energy Efficiency Tax Incentives More Lucrative | CitizenWire
BLAINE, Minn. /CitizenWire/ — The ‘Growing Renewable Energy and Efficiency Now’ (GREEN) Act aims to extend and boost tax incentives for energy efficiency and renewable energy. According to Alex Bagne, the President of ICS Tax, LLC, “If passed, the GREEN Act would make both the 45L Energy Efficient Home Credit (45L Credit) and the 179D […]
News: Los Angeles-Based CPA Firm Receives High Praise from Accounting Today | CitizenWire
PASADENA, Calif. /CitizenWire/ — KROST CPAs and Consultants, Los Angeles-based firm, receives two new accolades from Accounting Today, Top 100 Firms and Fastest-Growing Firms in the U.S.
News: Newly-Passed Restaurant Revitalization Fund and Restaurant Tax Relief Strategies by Ace Plus Tax Resolution | CitizenWire
LOS ANGELES, Calif. /CitizenWire/ — James Cha, a CPA and a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, underlines the newly enacted restaurant revitalization fund, recent tax challenges the restaurant industry is facing, and tax relief strategies.
News: Commercial Loan Corp – Offering Free ‘Property Tax Savings Estimate & Consultation’ for Beneficiaries Inheriting a Home – Keeping Parent’s Low Property Tax Base | CitizenWire
NEWPORT BEACH, Calif. /CitizenWire/ — Now that limitations and changes to CA Proposition 58 property tax breaks became active Feb 16, 2021 due to Proposition 19 – popular estate & trust lender Commercial Loan Corp in Newport Beach is offering heirs and beneficiaries inheriting a home from parents a Free Consultation & Estimate of Property […]
News: Brew Up Tax Savings with the R&D Tax Credit | CitizenWire
BOSTON, Mass. /CitizenWire/ — While the trendy term “Microbrewery” may have been the proper terminology for new craft beer breweries and startups, they no longer remain “micro” in revenue, says ICS Tax, LLC (ICS). Growth in the craft beer industry in the U.S. has steadily grown to almost $30 billion.
News: KBKG Welcomes Two New Directors to Atlanta-Based Operation | CitizenWire
ATLANTA, Ga. /CitizenWire/ — Nationwide tax specialty firm KBKG hired two new Directors, Amar Patel and Ian Williams, as part of their Southeast practice. Both Directors join KBKG with over 25 years of combined experience in Cost Segregation and Research & Development Tax Credits, two key services offered by the firm to CPAs and businesses.
News: KBKG Welcomes Three New Principals to Their Cost Segregation and Research & Development Tax Credit Services | CitizenWire
PASADENA, Calif. /CitizenWire/ — Nationwide tax specialty firm KBKG promoted Eddie Price to Principal of Cost Segregation Services, as well as Paul McVoy and Jonathan Tucker to Principals of Research & Development Tax Credit Services.
News: Los Angeles Based CPA Firm Announces New Principal, Stacey R. Korman, CPA, MST | CitizenWire
PASADENA, Calif. /CitizenWire/ — KROST CPAs and Consultants, the Los Angeles based firm, has announced a new Principal, Stacey R. Korman, CPA, MST. Stacey has extensive experience in assurance & advisory and accounting services and since joining the firm she has led the accounting and audit departments.
News: CA Property Tax Laws Change in 13 Days: To Help Heirs Now Inheriting Property to Preserve Low Property Tax Base – Commercial Loan Corp Offers Free Benefit Analysis | CitizenWire
NEWPORT BEACH, Calif. /CitizenWire/ — With only 13 days left before California Proposition 58 property tax breaks undergo changes and limitations imposed by new tax measure Proposition 19, on Feb. 16, 2021 – popular trust lender Commercial Loan Corporation is offering Heirs of Estates and Trust Beneficiaries, who are inheriting a home from parents, a […]
News: Paramount Property Tax Appeal Offering a Free New Years Evaluation for Affluent Homeowners & Business Property Owners, RE: ‘Feb 16 Changes to Tax Laws & Tax-Reduction Solutions’ | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — With only 20 days left before CA tax laws change, imposing limitations on property tax relief – property tax reduction firm Paramount Property Tax Appeal is ushering in the New Year with a free New Years evaluation for California families, affluent homeowners and all types of business property owners – […]
News: DDK and Company Welcomes Sze Man Tam as Partner: First Asian-American to Take on this Role | CitizenWire
NEW YORK, N.Y. /CitizenWire/ — DDK & Company, LLP, an accounting, tax, and consulting firm, announced on January 1 that Sze Man Tam has been promoted to Partner. In her new role, Sze will be leading DDK’s Audit department, helping clients grow and improve their businesses, and developing DDK’s next generation.
News: EnergyCAP’s Energy Information Management System Earns FedRAMP Authorization | CitizenWire
STATE COLLEGE, Pa. /CitizenWire/ — EnergyCAP, Inc. (ECI) is pleased to announce that its EnergyCAP® energy management information solution (EMIS) has been granted an Authorization to Operate (ATO) under the U.S. Government’s FedRAMP program and is now an authorized participant in the FedRAMP Marketplace. The U.S. Department of State granted the ATO and is now […]
News: Paramount Property Tax Appeal Offers Free Evaluation to Affluent Homeowners and Business Property Owners, RE: ‘Tax-Reduction Solutions & Overcoming Changes to Tax Laws’ | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — Now that California Proposition 19 has passed, Wes Nichols, president of Paramount Property Tax Appeal Service in San Diego has decided to offer a free evaluation to affluent families, business property owners and homeowners who are transferring property to heirs or simply wish to lower their property taxes, or appeal […]
News: Paramount Property Tax Appeal Offers Free Consultation to California Property Owners, RE: ‘Tax-Reduction Solutions & Overcoming Changes Limiting Tax Breaks’ | CitizenWire
SAN DIEGO, Calif. /CitizenWire/ — Wes Nichols, president of Paramount Property Tax Appeal Service, is reminding California property owners that property tax relief will be severely limited by changes to the Proposition 58 Parent-to-Child Exemption, as Prop 19 will soon become law.
CitizenWire: Certified Tax Resolution Specialist, James Cha from Ace Plus Tax Resolution, Advises Non-Filers to File Their Back Tax Returns Now
LOS ANGELES, Calif. /CitizenWire/ — James Cha, a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, urges taxpayers to file their tax returns as soon as possible, even if they missed the tax deadline or can’t pay off, as they’re only increasing their tax bill by delaying.
NEWS: EnergyCAP, Inc. Celebrates 40th Anniversary with New Headquarters, Logo, Training Services, and More
STATE COLLEGE, Pa., Sept. 2, 2020 (SEND2PRESS NEWSWIRE) — EnergyCAP, Inc. (ECI) is pleased to announce a list of notable accomplishments as it celebrates its 40th anniversary in 2020. ECI employees will begin operating from the company’s new state-of-the-art, 20,000-square-foot headquarters facility this month.
NEWS: HomeWork Solutions Sees Huge Demand in Nanny-Share and Education PODS during COVID Epidemic
STERLING, Va., Aug. 25, 2020 (SEND2PRESS NEWSWIRE) — HomeWork Solutions (HWS), industry experts in household payroll and employment taxes, have announced a major effort to support working families interested in Nanny Share and Educator PODs. This action is in direct response to families struggling to find in-home caregivers for their children and continuing their educational […]
NEWS: KROST Launches PPP Loan Forgiveness Review Services for Borrowers and Lenders
PASADENA, Calif., Aug. 11, 2020 (SEND2PRESS NEWSWIRE) — Award-winning tax, accounting, and consulting firm, KROST, announced the launch of their PPP Loan Forgiveness Application Review Service for both Borrowers and Lenders. The services are intended to aid both borrowers and lenders by taking on the burden of calculating forgiveness values.
NEWS: Don Baham accepted into invitation-only Forbes Technology Council
NASHVILLE, Tenn., July 9, 2020 (SEND2PRESS NEWSWIRE) — Don Baham, President of Kraft Technology Group, LLC (KTG), has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.