U.S. Internal Revenue Code Section 1031 allows real estate investors to swap one property for another and defer recognizing some or all the gain and the related tax liability from the sale of the first property—assuming some very specific rules are met. Over the...
The American Rescue Plan Act (ARPA) of 2021 is a $1.9 trillion economic stimulus bill signed into law on March 11, 2021. Some of the highlights of the business provisions include: Employee retention credit – Extended for quarters through December 31, 2021 The...
Fresh out of college with an accounting degree, armed with an internship and having landed an entry-level job just months ago (both with Weinstein Spira), I am hitting the ground running as a tax accountant—in large part due to my participation in a rotation program....
You’ve chosen a great career that, from everything we can see, will always be around. Regardless of technology advances, clients want someone to talk to, to ask questions, to help plan ahead and so on. With over 25 years as a tax accountant, I’ve seen it all. As I now...
Tax season is hectic for everyone! But imagine how busy tax accountants must be during the months of February, March and April of every year. Being a numbers person, I can tell you that Weinstein-Spira, for example, currently prepares well over 2,500 tax filings, and...