Posts Tagged ‘TCJA’

Emerging Tax Alert- Factor 2020 cost-of-living adjustments into your year-end tax planning

The IRS recently issued its 2020 cost-of-living adjustments. With inflation remaining largely in check, many amounts increased slightly, and some stayed at 2019 levels. As you implement 2019 year-end tax planning strategies, be sure to

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Posted In: Alerts & Advisories

Jonathan Gorski shares insights at roundtable

On Tuesday, October 29th, Partner Jonathan Gorski presented at Highland Healthcare Associates IPA’s Business Roundtable. The theme of the event was Maximizing Profitability Through Real Estate and Jonathan presented on ‘Accounting Strategies to Consider When

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Posted In: Events

Emerging Tax Alert- Business year-end tax planning in a TCJA world

The first tax-filing season under the Tax Cuts and Jobs Act (TCJA) was a time of uncertainty for many businesses as they struggled with the implications of the law’s sweeping changes for their bottom lines.

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Posted In: Alerts & Advisories

Emerging Tax Alert- It’s not too late to trim your 2019 tax bill

Fall is in the air and that means it’s time to turn your attention to year-end tax planning. While several clear strategies and tactics emerged during the first tax filing season under the Tax Cuts

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Posted In: Alerts & Advisories

Emerging Tax Alert- IRS issues final QBI real estate safe harbor rules

Earlier this year, the IRS published a proposed safe harbor giving owners of certain rental real estate interests the opportunity to take advantage of the qualified business income (QBI) deduction. The QBI write-off was created

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Posted In: Alerts & Advisories

2019-2020 Tax Planning Guide Released

Do your tax planning strategies need a refresh? With most of the changes from the Tax Cuts and Jobs Act having gone into effect last year, many taxpayers faced some surprises when they filed their

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Posted In: News, Resources

Tax Alert- The “kiddie tax” hurts families more than ever

Years ago, Congress enacted the “kiddie tax” rules to prevent parents and grandparents in high tax brackets from shifting income (especially from investments) to children in lower tax brackets. And while the tax caused some

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Posted In: Alerts & Advisories

IRS & Treasury urge updated W-4 filing

For 2018 tax filings, the United States Treasury estimated that about 30 million taxpayers, or 21% of total taxpayers, would be under withheld through their wages, due to the change in tax laws*. The Internal

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Posted In: Alerts & Advisories, News, Resources

Tax Alert- It’s a good time to buy business equipment and other depreciable property

There’s good news about the Section 179 depreciation deduction for business property. The election has long provided a tax windfall to businesses, enabling them to claim immediate deductions for qualified assets, instead of taking depreciation

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Posted In: Alerts & Advisories