Significant tax reform legislation was passed in December 2017. Colloquially known as The Tax Cuts and Jobs Act (TCJA), this legislation contained significant changes for… Read more »
Categories: Tax, Not-for-Profit
Key changes under the new tax reform act for businesses and individuals. The Tax Cuts and Jobs Act (TCJA) will generate the most significant tax… Read more »
Categories: Tax, Tax Planning
Noteworthy changes from the Tax Cuts and Jobs Act affecting individual homeowners. Questions and concerns continue to arise as taxpayers wade their way through the… Read more »
Categories: Tax, Real Estate
As the White House continues to discuss plans for major tax reform, attention has shifted back towards a controversial topic, repealing the estate tax. While… Read more »
Categories: Tax, Estate Tax
On July 7, 2017 the U.S. Treasury Department released Notice 2017-38 raising the possibility of revoking eight proposed or final tax regulations that may… Read more »
Categories: Tax, Valuation
Tax planning is not usually included in a summertime agenda, but now is the time to get a head start. Waiting until the end of… Read more »
Categories: Tax, Tax Planning
Several laws passed during 2015 created new rules that will affect your 2016 tax returns. Here’s an overview. New Due Dates Form 990. The initial… Read more »
Categories: Tax, Tax Planning
On August 4, 2016, the Internal Revenue Service (IRS) issued proposed regulation REG-163113-02 which, if adopted, would limit or preclude the use of valuation discounts… Read more »
Categories: Tax, Tax Planning, Small Business, Estate Tax
The advantage of filing a joint tax return is well known – you generally save money compared to filing separately. However, there is at least… Read more »
Categories: Tax
On May 18, 2015, the U.S. Supreme Court, based upon a 5-4 ruling, struck down a Maryland income tax law, calling it “discriminatory” because it… Read more »
Categories: Tax
