by Pietro Canestrelli | Oct 20, 2024 | Pietro E. Canestrelli
When tax season arrives, individuals and businesses often face a critical decision: should they hire a tax lawyer or a tax preparer? While tax preparers offer an affordable solution for basic tax filings, hiring a tax lawyer provides significant advantages, especially...
by Pietro Canestrelli | Sep 30, 2024 | Pietro E. Canestrelli
Innovation is the lifeblood of modern business, driving growth and competitiveness across various sectors. To encourage this spirit of innovation, the U.S. government offers the Research and Development (R&D) Tax Credit, a valuable tax incentive for innovation....
by Pietro Canestrelli | Aug 23, 2024 | Pietro E. Canestrelli
What They Mean for Businesses This Year As we move further into 2024, businesses across the United States are bracing for significant changes in the tax landscape. The government has proposed a series of corporate tax increases aimed at raising revenue to fund various...
by Pietro Canestrelli | Aug 7, 2024 | Pietro E. Canestrelli
As we continue through the 2024 tax filing season, the IRS has rolled out a series of updates and improvements designed to provide better assistance to taxpayers. These enhancements include extended service hours, improved online tools such as the “Where’s My Refund?”...
by Pietro Canestrelli | Jun 30, 2024 | Pietro E. Canestrelli
Inflation is an economic phenomenon that affects almost every aspect of a nation’s financial health, including individual and corporate taxation. As prices rise, the purchasing power of money declines, leading to a complex interplay between income, expenditures,...
by Pietro Canestrelli | Jun 4, 2024 | Pietro E. Canestrelli
In recent years, the Internal Revenue Service (IRS) has increasingly turned to technological means to conduct audits and enforce tax laws. However, a notable shift is on the horizon as the IRS has announced plans to resume in-person visits to taxpayers’ homes....
