SJG Blog
Inflation Reduction Act Expands Carbon Credits for Businesses
The Inflation Reduction Act of 2022 (IRA) has been called “the most significant climate legislation in U.S. history, offering funding, programs, and incentives to accelerate ...
Read More → Understanding the New Estate and Gift Tax Limits for 2023
Each year, the IRS sets the annual gift tax exclusion, which allows a taxpayer to gift a certain amount per recipient tax-free. For 2023, the ...
Read More → The Latest on the Corporate Alternative Minimum Tax
A new Corporate Alternative Minimum Tax (CAMT) was enacted when the Inflation Reduction Act was signed into law in 2022. The tax is expected to ...
Read More → Energy-Related Tax Incentives for Businesses Under the Inflation Reduction Act (IRA)
The 2022 Inflation Reduction Act (IRA) included an array of tax credits to encourage businesses to invest in energy efficiency. Here are a few of ...
Read More → Get Ready to File Taxes: What’s New for the 2023 Tax Filing Season
Tax season is here, and the last day to file taxes for 2022, or to file a tax extension, is Tuesday, April 18, 2023. Taxpayers ...
Read More → Automobile Standard Mileage Rates – Business Use Increases for 2023
The IRS has issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or ...
Read More → Featured Posts
IRS Form W-9 Best Practices
December 16, 2019
As Part I of our 2019 Forms W-9 and 1099-MISC Series, this article explains the purpose of Form W-9. Purpose of Form W-9 An individual ...
Read More → Which Business Financial Records Should I Keep? And For How Long?
September 8, 2021
All businesses, whether large or small, produce an array of records. Maintaining and retaining these records is more than a matter of keeping items in ...
Read More → Tax Strategy and Tax Credits, with Greg Silberman, S.J. Gorowitz Accounting & Tax Services
August 30, 2023
Greg Silberman with S.J. Gorowitz Accounting & Tax Services - Featured Interview on Radio X
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