The passage of the Tax Cuts and Jobs Act of 2017 (TCJA) created additional opportunities for taxpayers to choose the cash method of accounting as...
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IRS Heightens Focus on Tax Liabilities of S Corporations
InsightsOne outcome of the Tax Cuts and Jobs Act (TCJA) is the increased scrutiny by the IRS of S corporations and their shareholders with regard...
Sep 20, 2019
6 Min Read
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IRS Issues Final Regulations Regarding the Qualified Business Income Deduction
InsightsTaxpayers finally have guidelines from the IRS regarding the Section 199A deduction. In issuing the final regulations regarding qualified business income (QBI), the IRS provided...
Feb 4, 2019
13 Min Read
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Estate and Gift Tax Rules Have Changed—Here’s What You Should Know
InsightsThe sweeping reform Congress pushed through to the federal tax law began taking effect mostly in 2018. Among the many significant changes made were changes...
Nov 28, 2018
6 Min Read