Feb 19, 2024 | Firm Updates, High Technology
Section 382 of the Tax Code is applicable to a loss corporation, defined as a corporation that has accumulated net operating losses. Many start-up companies in high-tech industries incur substantial research and development expenses and remain unprofitable for...
Feb 6, 2024 | Firm Updates
The accounting and business consulting firm Sciarabba Walker & Co., LLP has received ClearlyRated’s Best of Accounting® Award for 2024, marking the second consecutive year the firm has achieved this recognition. ClearlyRated is an industry leader in client...
Jan 23, 2024 | Assurance, Firm Updates
Undergoing a financial statement audit for the first time can be a daunting experience for any company. However, with careful preparation and a clear understanding of the process, you can navigate through this crucial milestone with confidence. In this blog,...
Nov 14, 2023 | Firm Updates, Small Business, Tax Tips
2023 has been a quiet year for tax legislation. To help you decide what works best for you and your business, we have compiled a list of tax strategies based on current tax rules that may help you save tax dollars if you act before the end of the year. Qualified...
Nov 14, 2023 | Firm Updates, Individual Tax, Tax Tips
2023 is ending, which means tax season is right around the corner, but there is still time to take advantage of tax-saving ideas to lower your 2023 tax bill. Sciarabba Walker wants to help you prepare for tax filing and save you some tax dollars by sharing some...
Nov 8, 2023 | Firm Updates, High Technology
The Tax Cuts and Jobs Act (TCJA) passed in December of 2017 made a significant change to the treatment of specified research and experimental expenditures (SRE) covered by Sec. 174. Effective for tax years beginning after December 31, 2021, Section 13206 of the TCJA...