skip to main contentAs the IRS works to put tax reform into practice through regulatory language, there have been ripple effects for several popular strategies, including the federal treatment of charitable contributions made…
Four Steps to Tax Reporting for Payments to Foreign Persons
All your 1099 forms have been filed with IRS and the vendor copies have been mailed – what a relief! While 1099 reporting is commonplace for business owners, did you know…
New Reporting Instructions for Excessive Compensation Excise Tax: What Nonprofits Need to Know
Credit unions, hospitals, higher education institutions and any nonprofit anticipating the departure of highly paid employees now have the guidance needed to correctly calculate and report a new tax on…
Discover How Rental Real Estate Enterprises May Qualify for New 199A Pass-Through Deduction
Will rental real estate entities qualify for the 20 percent Section 199A pass-through deduction? This question has been on the mind of business owners and tax professionals since tax reform…
Earn Tax Benefits for Community Investments under New Federal Opportunity Zone Program
Tucked inside the Tax Cuts and Jobs Act is a new economic development initiative that offers preferential tax treatment for investments in distressed communities. Investors can support the revitalization of…
