The Tax Cuts and Jobs Act (TCJA) created a new section of the tax code, Section 199A, which allows certain business owners to avoid tax on 20 percent of their…
Archives for February 2018
Tax Reform’s Impact on Your Company’s 2017 Year End Reporting
The Tax Cuts and Jobs Act (TCJA) was enacted into law on December 22, 2017, and took effect on January 1, 2018. Yet companies will still feel tax reform’s impact…
RKL Launches Human Resources Consulting Practice
In-demand practice area officially joins firm’s robust business consulting practice PRESS RELEASE LANCASTER, PA (February 21, 2018) – Focused on delivering solutions that meet the complex business challenges of its…
Act Now to Lock in Cost Segregation Benefits for 2017 Tax Year
Business owners will reap many benefits from tax reform over the coming years, thanks to rate changes and new deductions. In the short term, however, there are several tax-minimizing strategies…
What Does Tax Reform Have to Do with My Nonprofit?
Editor’s note: On January 12, 2021, the IRS released final regulations for Internal Revenue Code Sec. 4960, which provided certain nonprofit organizations with more clarity around the 21 percent excise…