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Read our blog to stay in the know.
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Blog

Doing the research – it’s in your nature. Read our blog to stay in the know.
Real estate capital

Following the money: Where is real estate capital coming from?

By wscpa | July 6, 2023
The past few years of pandemic recovery, rising inflation and interest rates, and legislative changes have created tremendous shifts and challenging obstacles within the real estate industry. As economic uncertainty applies pressure to sources of traditional capital, the industry is…
energy efficient tax incentives

Maximize Your Tax Savings with the Inflation Reduction Act: An Insightful Guide for Real Estate Owners and Developers

By wscpa | June 21, 2023
Written by: Mark Ravera, CPA In the ever-evolving landscape of real estate tax incentives, staying informed is not just smart – it’s essential. The Inflation Reduction Act is a game-changer allowing real estate owners and developers to enjoy lucrative tax…
Research and Experimental

Easing The Pain of Research & Experimental (R&E) Expenditure Capitalization

By wscpa | June 14, 2023
The new Section 174 rules require taxpayers to capitalize and amortize R&E costs incurred in taxable years beginning on or after Jan. 1, 2022. Amortization is calculated using a straight‐line recovery period of either five years for costs incurred in…
Employee Retention Credit

There’s still time to claim the Employee Retention Credit

By wscpa | June 6, 2023
Written by: Jonathan Hitter, CPA, MST, CGMA Are you looking to take advantage of the employee retention credit (ERC)? You’re likely bombarded with ads and solicitations urging you to act now. But before you move forward with the ERC application…
FBAR compliance

Navigating FBAR Compliance: Supreme Court Issues Decision on FBAR Penalties

By wscpa | June 1, 2023
Written by: David Cooper, CPA The finance and tax law world can be complex, especially when dealing with matters of foreign financial accounts. One area that frequently raises questions is the Foreign Bank Account Report (FBAR), which is a critical…
tax and financial planning

3 Strategies to Reduce Your Tax Burden

By wscpa | May 23, 2023
Now is the perfect opportunity to evaluate your business tax planning and determine ways to decrease your tax burden. Employing the right strategies can reduce your taxes, optimize your cash flow, and enhance your long-term financial success. In this article,…
Research and development changes

What businesses need to know about the recent Research and Development changes

By wscpa | May 18, 2023
Written by: Leah Belanger, CPA, MSA The world of tax law is constantly shifting, creating challenges and opportunities for businesses. One recent change that has generated considerable confusion and debate involves alterations to tax incentives for Research and Development (R&D)…
Healthcare’s Regulatory changes

Preparing for Healthcare’s Regulatory Environment Shift

By wscpa | May 12, 2023
Healthcare providers are approaching a major regulatory shift. On May 11, the Federal Public Health Emergency (PHE) for the COVID-19 pandemic will lapse, ending or sunsetting regulatory changes which greatly benefited providers during the pandemic. The end of the PHE,…
Costs and Benefits of the Inflation Reduction Act for Real Estate & Construction

Costs and Benefits of the Inflation Reduction Act for Real Estate & Construction

By wscpa | May 8, 2023
The Inflation Reduction Act’s (IRA’s) expansion of key energy efficiency tax incentives – such as the 179D energy efficient commercial buildings deduction and the 45L new energy efficient home credit – is anticipated to have a significant impact on real estate and construction industry.…
the top tax scams

The Top 12 Tax Scams to Avoid According to the IRS

By wscpa | April 24, 2023
Fraud. Scam. Phishing. Regardless of what you call these illicit activities, it’s important to protect yourself against the bad players that take advantage of weaknesses for their gain. Not only is it inconvenient, but there’s often a financial cost when…

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