The Tax Cuts and Jobs Act (TCJA) eliminated three nonresidential real property categories (qualified leasehold improvement property, qualified restaurant property and qualified retail improvement property)…
Many people assume that a 529 plan is the ideal college savings tool, but other vehicles can help parents save for college expenses, too. Take…
Generally, it’s recommended that you review your estate plan at year’s end. This is a logical time to note important life events that have taken…
For many years, the alternative minimum tax (AMT) posed a risk to many taxpayers in the middle- to upper-income brackets. The Tax Cuts and Jobs…
Business owners should always operate from a position of strength. That’s why having at least a baseline business valuation is important. The simple truth is…
On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act (TCJA). While the TCJA was one of the largest overhauls…
The IRS has provided guidance to employers regarding the recent presidential action to allow employers to defer the withholding, deposit and payment of certain payroll…
It’s been over a year since the IRS issued final regulations regarding Internal Revenue Code Section 199A. This Code Section created a tax deduction enabling…
If you’re selling a business interest, real estate or other highly appreciated property, you could get hit with a substantial capital gains tax bill. One…
Like many people, you may have worked hard to accumulate a nest egg in your traditional IRA. Knowing the finer points of the distribution rules…