Bassman, Adelman & Weiss, PC is a CPA firm offering a wide range of accounting and financial services to a broad base of small to medium size businesses and individuals. We take a proactive approach in working with our clients to identify and attain their financial goals. Through implementation of appropriate tax and financial planning we maximize our clients' wealth retention.
Key numbers for tax planning for 2024 are available. Be sure to check this resource when you are making projections and preparing for tax liabilities.
Before the enactment of the Act, taxpayers were allowed a personal tax credit, known as the residential energy efficient property credit, for solar electric, solar hot water, fuel cell, small wind energy, geothermal heat pump, and biomass fuel property installed in homes in years before 2024.
The Act makes the credit available for property installed in years before 2035. The Act also makes the credit available for qualified battery storage technology expenditures. Read more.
Before the enactment of the Act, taxpayers could claim a credit for each new qualified plug-in electric drive motor vehicle placed in service during the tax year.
The Act, among other things, retitles the credit as the Clean Vehicle Credit and eliminates the limitation on the number of vehicles eligible for the credit. Also, the final assembly of the vehicle must take place in North America. Read more.
Many of our clients are QuickBooks™ users. Our staff is trained in the use of QuickBooks™ setup and implementation and is available to help you with all your QuickBooks™ needs.
Please give us a call if we can be of service with any of your business or individual accounting and financial needs.
Bassman, Adelman & Weiss, PC
630 Sentry Parkway East, Suite 200
Blue Bell, PA 19422
voice: 215-628-0420
fax: 215-628-3461
email: Bassman, Adelman & Weiss
print: driving directions
Latest News:
Key numbers for 2024 - a valuable tax planning tool
Philadelphia City Wage Tax Upgrades July 1, 2023
Provisions of the SECURE Act affecting individuals
Tax Tips for Starting a Business
Simplified option for home office deduction
Tax Tips for the Divorced and Separated
Financial Planning:
Junior Family Members on payroll