Nonprofits: Take another look at Inflation Reduction Act tax breaks

by Atchley & Associates, LLP | Mar 20, 2024

< Back to the Resource Gallery Nonprofits: Take another look at Inflation Reduction Act tax breaksArticle | March 20, 2024 | Atchley & Associates LLP When the Inflation Reduction Act (IRA) became law in late 2022, you might have assumed that the tax breaks it...

Maximize the QBI deduction before it’s gone

by Atchley & Associates, LLP | Mar 12, 2024

< Back to the Resource Gallery Maximize the QBI deduction before it’s goneArticle | March 12, 2024 | Atchley & Associates LLP The qualified business income (QBI) deduction is available to eligible businesses through 2025. After that, it’s scheduled to disappear. So...

Upcoming Changes to No Tax Due Threshold Reporting

by Atchley & Associates, LLP | Mar 8, 2024

< Back to the Resource Gallery Upcoming Changes to No Tax Due Threshold Reporting Article | March 08, 2024 | Atchley & Associates LLP Texas Franchise Tax Reports are annual filings required by the Texas Comptroller of Public Accounts for businesses operating within...

Better tax break when applying the research credit against payroll taxes

by Atchley & Associates, LLP | Mar 5, 2024

< Back to the Resource Gallery Better tax break when applying the research credit against payroll taxesArticle | March 05, 2024 | Atchley & Associates LLP The credit for increasing research activities, often referred to as the research and development (R&D) credit,...

6 ways nonprofit retirement plans are changing

by Atchley & Associates, LLP | Feb 15, 2024

< Back to the Resource Gallery 6 ways nonprofit retirement plans are changingArticle | February 15, 2024 | Atchley & Associates LLP Some provisions of 2022’s SECURE Act 2.0 (a follow-up to the SECURE Act of 2019) have been in force for over a year — including...