News and Updates

Reporting Income from Vacation Home Rentals under Today’s Tax Rules

Do you own a vacation home that’s rented out but also used for a significant amount of time by you...

Create an Accountable Plan to Reimburse Employees for Business Expenses

Did you know that the Tax Cuts and Jobs Act (TCJA) eliminated itemized deductions for employees who...

Tax-Exempt Organizations: IRS Provides Guidance on New UBTI Rule

The IRS recently issued much-needed guidance on how tax-exempt organizations should calculate...

IRS Issues Proposed Guidance on Controversial SALT Limitation

In recent weeks, the IRS has issued a series of proposed regulations to help clarify provisions of...

What’s Next for State Tax Nexus?

The recent Wayfair decision has drastically altered the landscape for states that want to collect...

How Tax Reform Affects Tax Planning for C Corporations

One of the biggest changes under the Tax Cuts and Jobs Act (TCJA) is the permanent installation of...

New Law, New Limit on Deductions for Business Interest Expense

The Tax Cuts and Jobs Act (TCJA) imposes a new limitation on deductions for business interest...

Effects of the Tax Law Vary Based on Major Life Events

Change is part of life. The Tax Cuts and Jobs Act (TCJA) has brought sweeping changes to the...

Sales Tax: Supreme Court Ruling Affects Retailers and Consumers

A new U.S. Supreme Court ruling paves the way for states to require Internet sellers to collect...

Watch Out for these Tax Issues When Planning for Your Business in 2018

The Tax Cuts and Jobs Act makes sweeping changes. But some of the new provisions won’t necessarily...