by | Feb 11, 2019 | In The News, Industries, News, Tax Alerts
Created by the Tax Cuts and Jobs Act (TCJA), Opportunity Zones were designed to increase investment in low-income communities throughout the country. In June of 2018 over 8,000 communities in all 50 states, the District of Columbia and five U.S. territories were...
by | Nov 5, 2018 | In The News, Industries, News, Tax Alerts
With the Tax Reform legislation passed in December 2017 and effective for new and used fixed asset additions, businesses can elect a 100% depreciation deduction for qualified tangible personal property. Also, businesses can immediately expense more amounts under the...
by | Oct 29, 2018 | In The News, Industries, News, Tax Alerts
With the 2017 tax filing season at a close, taxpayers and their accountants are now shifting their focus to year-end planning. While most year-end planning conversations include a discussion about the timing of major purchases, the Tax Cuts and Jobs Act awards small...
by | Aug 20, 2018 | In The News, Industries, News, Tax Alerts
Bitcoin had a banner year in 2017. Though it’s been around for almost a decade, the explosive growth experienced in 2017 has piqued the interest of investors and the IRS alike. As Bitcoin and other cryptocurrencies become more mainstream, savvy investors are...
by | Mar 20, 2018 | In The News, News, Tax Alerts
On September 21st, 2015 the U.S. Tax Court ruled in favor of an insurance company, R.V.I. Guaranty Co., Ltd. & Subsidiaries v. Commissioner. It is the third major captive insurance case ruled in favor of taxpayers within the last two years and it comes on the...
by | Mar 20, 2018 | In The News, News, Tax Alerts
March 20, 2018 Microsoftʼs paying a 7 percent tax rate! How you ask? By utilizing some basic international tax strategies which might apply to you! The fact is, few large U.S. companies pay the standard U.S. corporate rate of 35 percent. Read...
