2020 Year-end Charitable Giving Tax Incentives for Corporations

2020 Year-end Charitable Giving Tax Incentives for Corporations

Summary of Keypoints The CARES Act temporarily expanded corporate charitable giving incentives for 2020, increasing the charitable deduction limit for C-corporations from 10% to 25% of taxable income and raising the limit for food inventory donations from 15% to 25%. Equity gifting remains a common year-end strategy for business owners, using the $15,000 annual gift…

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Unrelated Business Income – Latest Update Nonprofits and Associations

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Summary of Keypoints The update titled “Unrelated Business Income – Latest Update Nonprofits and Associations” was presented on January 13, 2021, focusing on current developments affecting nonprofits and associations. The presentation was delivered by Jim Niblock, Senior Manager of Tax Services, and Jennifer Eubanks of Eubanks Accounting & Advisory, highlighting their expertise on unrelated business…

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Tax Implications of the Cares Act

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Summary of Keypoints The presentation titled “Tax Implications of the CARES Act” took place on December 29, 2020, focusing on tax-related provisions of the CARES Act. Jim Niblock, Senior Manager of Tax Services, and Jennifer Eubanks of Eubanks Accounting & Advisory served as presenters, providing professional insight into the topic. The session was designed as…

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4 Tax Provisions CARES Put Into Place You Should Pay Attention To

CARES Act Tax Provisions

Summary of Keypoints CARES Act purpose: The CARES Act was enacted to support businesses affected by COVID-19, providing tax-related relief measures beyond stimulus checks and unemployment benefits to preserve jobs and improve cash flow. Net Operating Loss (NOL) changes: Businesses can carry back NOLs incurred between December 31, 2017 and January 1, 2021 to prior…

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Accounting Outsourcing… Leading the New Normal

Accounting Outsourcing

Summary of Keypoints Shift in work environment: COVID-19 and widespread work-from-home adoption demonstrated that productivity and business continuity can be maintained without full-time, in-office staff, prompting companies to rethink traditional operating models. Case for accounting outsourcing: As leadership increasingly relies on timely, accurate financial data, outsourcing accounting and finance functions offers access to professional financial…

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Jennifer Eubanks Moderated  – Presidential Forum Discussion

Presidential Forum Discussion - Jennifer Eubanks

Summary of Keypoints Event role: Jennifer Eubanks served as moderator for a Presidential Forum discussion. Discussion topic: The forum focused on top financial considerations for associations in the post-pandemic environment and during periods of rapid or “hyper” change. Audience relevance: The discussion addressed financial leadership concerns specific to associations navigating uncertainty and evolving economic conditions.…

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Capitol Hill Speaking Engagement

Speaking Engagement - Jennifer Eubanks

Summary of Keypoints Event: Capitol Hill speaking engagement involving Jennifer Eubanks. Date: June 11. Participants: Jennifer Eubanks attended meetings with members of Congress alongside a group of Goldman Sachs 10,000 Small Businesses (10KSB) graduates. Purpose: To share real-world stories and perspectives of small businesses directly with congressional representatives. Policy focus: Advocacy in support of Paycheck…

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GMU – Corporate Tax Implications of COVID-19

GMU Presentation - Corporate Tax Implications

Summary of Keypoints Event: Corporate Tax Implications of COVID-19 presentation hosted by George Mason University (GMU). Date and time: May 28, 2020, at 2:00 PM. Format: Moderated discussion led by Christine Landoll. Panelists: Jennifer Eubanks, Stephen Lawson, and Lina Ivanova. Focus: Examination of the effects of COVID-19 on corporate taxes, highlighting tax-related challenges and implications…

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