When Congress passed the Tax Cuts and Jobs Act (TCJA) in late 2017, the deductibility of various popular business expenses seemed to be threatened....
Read more.IRS Hearing to Clarify Which Businesses Can Take New 20 Percent Deduction
One of the cornerstones of the Tax Cuts and Jobs Act of 2017 is the new rule allowing pass-through entities to claim a 20 percent deduction under...
Read more.IRS Regulations Would Ease Complexity of Calculating “GILTI” Offshore Profit Tax
The Tax Cuts and Jobs Act of 2017 included several international tax reform provisions, one of which introduced a tax on a new category of income...
Read more.From tax reform to advancements in technology, the role of the CFO is changing. At a time of great change, which top trends will become game changers...
Read more.IRS Issues Proposed Regulations Regarding Charitable Donations Deductions and State and Local Tax Credits
Are taxpayers allowed to deduct charitable contributions made to state charitable funds and still receive a corresponding state and local tax (SALT)...
Read more.If you use QuickBooks, you may have heard that Intuit is making an effort to get users to move from QuickBooks Desktop to QuickBooks Online (QBO)....
Read more.Senior Taxpayers Can Still Benefit From Making Charitable Contributions
As a result of changes made under the Tax Cuts and Jobs Act of 2017 (TCJA), it is predicted that the number of taxpayers itemizing deductions will...
Read more.Each year the IRS releases its annual “Dirty Dozen” list of tax scams with a warning to taxpayers to remain vigilant, not just at tax filing time,...
Read more.Texas to Hold Back-to-School Sales Tax Holiday, Aug. 10- 12, 2018
Texas will again offer a sales tax holiday before the school year gets underway. In fact, all but one of the states that provided sales tax holidays...
Read more.As health insurance premiums continue to rise, many individuals and employers are implementing high-deductible health plans (HDHP). These plans...
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