Blog

A clause in the Tax Cuts and Jobs Act (TCJA) concerning a key deduction, the taxation of pass-through income, is causing uproar and confusion among businesses, taxation advisors and [...]

Heavy focus on dividends, capital spending, deals and worker pensions, Apple remains on the fence concerning how its $163 billion can be used Despite doubts, the Trump Administration’s tax cuts [...]

New SEC & GAAP Financial Reporting Taxonomies Released Since 2014, the Financial Accounting Standards Board (FASB) has elected to include four very impactful and critical updates to U.S. [...]

That’s correct…you read the title of this post correctly.  There are many benefits for small business owners in the Tax Cuts and Jobs Act (TCJA), but the elimination of the entertainment [...]

Understanding the 20% Qualified Deduction for Pass-through Income Fundamentals of the TCJA’s New Business Tax Legislation On December 22, 2017, the Tax Cuts and Jobs Act (TCJA) was enacted into [...]

Tax Cuts and Jobs Act Becomes Legislation On December 22, 2017, the GOP’s Tax Cuts and Jobs Act (TCJA) was signed by President Donald Trump, prior to his departure to Mar-a-Lago for the holidays. [...]

As the 2017 calendar year-end approaches, the approved tax reform bill will become law effectively, for the most part, in 2018.  The importance of meticulous, accurate and comprehensive 2017 [...]

On December 11, 2017, the United States Treasury Department’s Office of Tax Policy (OTP) finally released its promised memo and long-awaited comprehensive analysis of the Senate tax plan titled [...]

In order for a company to grow, prosper and operate, it is imperative that a business engages its employees.  The issue with this reality is that engaging employees comes at a cost to a business [...]

On December 2, 2017, the modified Senate Tax Cuts and Jobs Act (H.R. 1) was passed in its chamber with a vote, almost entirely along party lines, of 51-49; the sole Republican dissenter being [...]