New York State recently enacted a budget bill for the fiscal-year 2024- 2025 that includes a new Commercial Security Tax Credit designed to help alleviate the burden on small businesses for implementing additional security measures. The credit is being offered to incentivize retail businesses operating in New York to invest in the necessary security equipment […]
Articles
Enjoy the latest issue – Summer 2024 – of our Small Business Newsletter. View or download it here. Author Tronconi Segarra & Associates
Estate planning – the generational transfer of wealth – can be an important financial planning tool for people regardless of the size of their estate. In this recorded webinar, Lisa Mrkall, CPA, MBA, Partner, and Adam Ohar, CPA/ABV, Principal, discuss important estate planning documents such as wills, financial power of attorney, advance health care directive, […]
Click here to read how we helped a retailer save over $300,000 in taxes through a cost segregation study. Author Tronconi Segarra & Associates
Purchasing or renovating an existing building or constructing a new building? Consider a cost segregation study to maximize the potential tax benefits available. A cost segregation study examines the costs associated with a building structure and related building systems to determine how to segregate these costs into various asset class lives. Segregating costs into various […]
On June 6, 2024, The U.S. Supreme Court, in a unanimous decision, held that life insurance proceeds received by a corporation to fund a shareholder redemption agreement increased the corporation’s value for estate tax purposes. Since December 2023, estate planning professionals have been closely monitoring the Supreme Court’s June 6, 2024 decision in Connelly v. […]
SALT Partner Tom Mazurek, Jr., CPA, and SALT Senior Analyst Gerad Levey discuss recent trends in state and local business taxes, new state and local taxes that are cropping up in various states, and new economic nexus thresholds. A lot of great information in this sales tax webinar that your business needs to know about. […]
As we truly partner with our clients, we work hard to provide solutions beyond the obvious and the ordinary. This happens by working with our clients closely to identify areas of opportunity and improved business strategies. Some solutions are quick and easy, and others require us to roll up our sleeves to find the right […]
As your trusted advisor, your CPA at Tronconi Segarra & Associates is by your side during the many chapters of your life. We support our clients through times of prosperity and expansion in their businesses and personal lives, as well as during times of hardship, challenges and change. One such time is when a family […]