The October 15 Deadline for Extended 2019 Tax Returns Is Swiftly Approaching

From The Doty Group, Individuals, IRS News, ServicesAidan HeltSeptember 22, 2020IRS, Taxes, Deadlines, Tax DeadlineComment

5 Tax Traps When Filing For Bankruptcy

Business Owners, Individuals, From The Doty Group, ServicesThe Doty GroupJuly 27, 2020Tax, Bankruptcy, COVID-19, Short Tax Year, Chapter 7 Bankruptcy, Chapter 11 Bankruptcy, Cancellation of Debt, Debt Forgiveness, Net Operating Losses, Bankruptcy Tacoma

Treasury and IRS release draft partnership form to provide greater clarity on international tax reporting

Business Owners, IRS News, Services, Tax ReformThe Doty GroupJuly 15, 2020International Tax, International Business, Foreign Partnerships, Foreign Activities, Partners' Distributive Share Items, K-2, K-3, Form 1116, Foreign Tax Credit, Income Tax Return of a Foreign Corporation, Foreign Derived Intangible Income, Global Intangible Low-Taxed Income

CARES Act Causes Unexpected Valuation Considerations for Divorces, Estate Plans and Equity Partnerships

Business Owners, Individuals, ServicesThe Doty GroupJuly 14, 2020The Doty GroupValuation, CARES Act, Coronavirus, COVID-19, Divorce, Estate Planning, Equity Partnerships, Trust and Estate, Litigation and Valuation Services

Notice: Clients Who Have Already Received Their Tax Returns

Business Owners, From The Doty Group, Individuals, Services, Tax Reform, TreasurySarah GrayMarch 30, 2020Safesend, Clients, Tax, Tax Reform, COVID-19Comment

AICPA-led Coalition Urges Expedited Small Business Funding Via Payroll Processors

AICPA, Paychex, Intuit and IFA Say Speedy Relief Required to Prevent Layoffs Due to Pandemic

Business Owners, Services, Tax Reform, IRS NewsThe Doty GroupMarch 23, 2020COVID-19, Coronavirus, Small Business, US Treasury DepartmentComment

How Can Auditors Maintain Independence When Advising Clients on New Standards?

To what extent can auditors provide advice to clients who may be panicking or having a difficult time understanding intimidating new FASB standards?

Business Owners, From The Doty Group, ServicesSarah GrayJanuary 6, 2020AICPA, Attestation, Audit, FASB, GAAP, Private CompaniesComment

Treasury, IRS issue final regulations on the Foreign Tax Credit

The Foreign Tax Credit is a long-standing tax benefit that generally allows individuals and businesses to claim a credit for income taxes paid or accrued to foreign governments.

Individuals, IRS News, Services, Tax ReformThe Doty GroupDecember 2, 2019Foreign Tax Credit, Tax Cuts and Jobs Act, TCJA, International Tax, 245A, GILTIComment

Rules for Issuing Form 1099 for 2019

A reminder of the rules and regulations in respect to the issuance of Form 1099

Business Owners, From The Doty Group, ServicesThe Doty GroupNovember 18, 2019Form 1099, Accounting Services, Reminders, 1099-MiscComment