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Berman Hopkins Merges with Felsing, Broadens Its Estate Planning Expertise
Berman Hopkins is pleased to announce the successful merger of Felsing LLC (Felsing), an estate planning CPA firm in Winter Park, Florida.
crabtree297
Nov 9, 20233 min read
187 views
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Employee Retention Credit (ERC) Update
It appears that every couple of weeks, news related to the Employee Retention Credit (ERC) resurfaces.
crabtree297
Nov 9, 20232 min read
44 views
0 comments


Beware of the IRC Section 163(j) 30% Business Interest Limitation
Section 163(j) of the Internal Revenue Code now a 30 percent taxable income limitation.
crabtree297
Nov 6, 20231 min read
46 views
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Withdrawal Process for the Employee Retention Credit (ERC) Claims
As part of a broader initiative to protect small businesses against scams, the IRS has unveiled new ERC claim details.
crabtree297
Oct 24, 20233 min read
39 views
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10 Percent Method for Construction Contractors
The 10 percent method is a financial management approach that involves setting aside 10 percent of the project's budget or revenue.
crabtree297
Oct 19, 20232 min read
45 views
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IRS Suspends ERTC Claim Processing Amid Fraud Concerns
Due to surge in unauthorized claims for the Employee Retention Tax Credit (ERTC), the IRS has imposed an suspension on new claims.
crabtree297
Oct 9, 20232 min read
63 views
0 comments


E-filing Form 1099 with the Information Returns Intake System (IRIS) Taxpayer Portal
The Information Returns Intake System (IRIS) Taxpayer Portal is an online platform that allows taxpayers to file 1099 returns for free.
crabtree297
Oct 6, 20232 min read
42 views
0 comments


News Alert: Tax Credits for Employers with Apprenticeship Programs
A new experiential learning tax credit will make it easier and more cost-effective for employers to employ registered apprenticeships.
crabtree297
Sep 14, 20232 min read
137 views
0 comments


News Alert: Florida Reduces State Sales Tax Rate on Commercial Property Rent in 2023
Gov. DeSantis has signed House Bill 7063, which reduces the sales tax on rent and license fees for commercial property.
crabtree297
Aug 30, 20232 min read
336 views
0 comments


News Alert: No More House Calls from the IRS
The Internal Revenue Service (IRS) announced that IRS personnel will no longer visit your homes or business unannounced.
crabtree297
Aug 4, 20231 min read
33 views
0 comments


Decrypting Virtual Currency Transactions and Taxes
When you buy, sell, or engage in virtual currency transactions, you should stay up-to-date with the latest tax developments.
crabtree297
Jul 10, 20234 min read
54 views
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Tax Tip Tuesday: It's Time to Celebrate!
Because of the three-year statute of limitations, the IRS can no longer audit your 2019 tax return.
crabtree297
Apr 18, 20231 min read
12 views
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Tax Tip Tuesday: Don’t Forget to Claim These Tax Deductions for Pets
If you have questions about whether your pet qualifies for these tax deductions, we are here to help.
crabtree297
Apr 11, 20233 min read
2,549 views
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Dirty Dozen: IRS Warns of Employee Retention Credit (ERC) Scams
Employee Retention Credits (ERC) scams kick off the IRS annual Dirty Dozen campaign.
crabtree297
Mar 28, 20233 min read
106 views


Tax Tip Tuesday: Understanding Business Travel Deductions
Before you start listing travel deductions, take the time to understand what the IRS means by home, business, and ordinary expenses.
crabtree297
Mar 21, 20233 min read
119 views
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Tax Tip Tuesday: Understanding Standard Deductions and Itemized Deductions
As you file your tax return, several contributing factors will influence your choice to take standard or itemized deductions.
crabtree297
Mar 14, 20233 min read
82 views
0 comments


Tax Tip Tuesday: Claiming the Credit for Other Dependents
Taxpayers with dependents who do not qualify for the Child Tax Credit might be able to claim the Credit for Other Dependents.
crabtree297
Mar 7, 20232 min read
85 views
0 comments


Tax Tip Tuesday: What You Should Know About Taxable Income for Side Hustles
If you earn money through a part-time, temporary, or side gig, you are required to report those earnings.
crabtree297
Feb 28, 20232 min read
64 views
0 comments


Tax Tip Tuesday: The Adoption Tax Credit Helps Families with Adoption-Related Expenses
The Adoption Tax Credit lets families claim up to $14,890 in eligible adoption expenses for each qualified child.
crabtree297
Feb 21, 20232 min read
27 views
0 comments


Tax Tip Tuesday: Common Mistakes in Tax Preparation
Outlined are several common errors to be aware of when preparing your tax returns.
crabtree297
Feb 14, 20233 min read
44 views
0 comments
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