Brady Ware News

China Expands VAT to All Industries

China plans to apply its value added tax (VAT) to all industries starting May 1. The VAT will replace the business tax and apply to the industries that were previously subject to that tax, including the construction, real estate, and finance and consumer services industries. China will be among the first countries in the world…

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Important Tax Figures for 2017

The following table provides some important federal tax information for 2017, as compared with 2016. Many of the dollar amounts are unchanged or have changed only slightly due to low inflation. Other amounts are changing due to legislation.   Social Security/ Medicare 2017 2016 Social Security Tax Wage Base $127,200 $118,500 Medicare Tax Wage Base…

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IRS Updates FAQs on Certain ACA Provisions

What’s the current status of the ACA? The Trump Administration and the Republican majority in Congress plan to repeal and replace the Affordable Care Act (ACA) in the coming months. In the meantime, however, employers must continue to comply with the existing rules for 2016, including the information reporting requirements and shared responsibility provisions. The…

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Anita Anand, JD, joins Brady Ware as Senior Manager

Brady Ware & Company is pleased to announce that Anita Anand, JD, has joined the firm as a Senior Manager. Anita supports the firm’s Tax Practice, State and Local Tax Practice, and serves as a firm-wide resource in the area of tax research and consulting. This includes providing taxpayer representation in matters requiring federal and state…

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Twana Cheek Promoted to Director

Brady Ware Promotes Twana Cheek to Director Brady Ware & Company is pleased to announce that Twana Cheek, CPA, CGMA, has been promoted to Director and will become a shareholder of the firm. In her new position, she will expand her leadership role in the Richmond office while continuing to serve her existing clients. Twana…

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