Tax Advisory

As 2019 comes to an end, some changes to tax provisions are taking effect on January 1, 2020 while some are ending entirely. A few common ones to look out for are alimony deductions and income, [...]

2017 Tax Cuts and Jobs Act: Individual Health Insurance Mandate Repealed Under the 2017 Tax Cuts and Jobs Act, Congress passed legislation that effectively repeals the individual health care [...]

The newly signed Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which is part of the government’s new spending bill, includes a variety of changes for individuals with [...]

In a previous issue of our newsletter we discussed Opportunity Zone investments and the potential tax savings to investors. As of this writing, final guidance has not yet been released, which [...]

Under the Tax Cuts and Jobs Act new IRC §199A, individual taxpayers may deduct up to 20% of their domestic “qualified business income” (QBI) beginning in tax year 2018. The deduction phases [...]

As part of the Tax Cuts and Jobs Acts (TCJA), the Internal Revenue Service (IRS) issued guidance on the business expense deduction for meals and entertainment following tax law changes that took [...]

With the passing of the Tax Cut and Jobs Act came new legislation with goals of spurring the economy and bringing new incentives for those willing to invest in economically-distressed [...]

On August 8th, the Internal Revenue Service issued long-awaited proposed regulations for business owners who have been wondering if (and how) the new pass-through tax deduction would apply to [...]

As the first wave of tax filings were submitted in April, the IRS and other state taxing agencies have now begun their review process. This usually means a series of notices will be issued [...]

On June 21, 2018, the Supreme Court held that internet retailers may be required to collect sales taxes in states where they have no physical presence and empowered states to establish a level [...]