X
X

Find Your Specialist

X

Contact Us

Tax

Investors Given Flexibility in Opportunity Zone Projects

December 3, 2018

It appears the IRS has a clear mandate from Congress to write flexible, taxpayer-friendly regulations on the new provisions of the 2017 tax reform law, as evidenced by the new Opportunity Zone regulations. The proposed rules expand tax planning opportunities... Read More

IRS Walks Back Total Loss of Entertainment Meal Deductions

December 3, 2018

Want to deduct a business meal? Get a separate receipt. The repeal of the deduction for business entertainment expenses was a culture shift in the tax code that was not immediately apparent. After the passage of the law in December... Read More

Tax on Investment Income of Children May Increase Under New Kiddie Rules

December 3, 2018

Only one change was made in the “kiddie tax” under the Tax Cuts and Jobs Act, but it could be significant. Children will be no longer be taxed on unearned income at the parents’ tax rate (the “kiddie tax” rule).... Read More

Georgia Sales Tax Compliance: What Internet Sellers Need To Know

December 3, 2018

In June 2018, the U.S. Supreme Court issued a landmark decision clearing the way for states to force collection of sales taxes from online sellers who have no physical presence in the taxing state. Even before the South Dakota v.... Read More

passthroughs

Progress Report: The New Tax Law’s Impact on Passthrough Entities

November 2, 2018

How is the new tax law impacting your passthrough business? Many taxpayers do not know for sure at this point. While most provisions went into effect January 1, 2018, the possible tax savings will not become clear until early 2019... Read More

taxpayers

Tax Planning for Individual Taxpayers: Points to Ponder Regarding the New Tax Law

November 2, 2018

The Tax Cuts and Jobs Act (TCJA) not only made major changes that grabbed headlines but also made tweaks to hundreds of tax rules, leaving taxpayers overwhelmed with questions about what their 2018 tax bill will look like and what... Read More

georgia tax credit

Navigating the extended Georgia Education Tax Credit

November 2, 2018

Georgia has been very successful at designing tax credit and incentive programs that give taxpayers an opportunity to save money, do good, and support programs that they believe in. The Georgia “Qualified Education Donation Tax Credit” is one of those... Read More

The World Post-Wayfair: State Tax Nexus Thresholds

October 11, 2018

Navigating the maze of state sales taxes got more complex this year for remote sellers. The June SCOTUS decision in the South Dakota v. Wayfair case opened the door for states to expand their tax base. Many states have updated... Read More

IRS Clarifies New Rules for Bonus Depreciation

October 3, 2018

Bonus Depreciation Guidance Clears Up Important Questions on 100% Write-Offs The expansion of bonus depreciation was a welcome part of the Tax Cuts and Jobs Act, and now the IRS has released regulations to clarify many aspects of the new... Read More

IRS Explains New Limits on Executive Compensation Deduction

October 3, 2018

Companies hoping to sidestep the new limits on the executive compensation deduction may be disappointed with new guidance from the IRS, which restricts the grandfather rules and confirms the expanded scope of covered executives. Notice 2018-68 narrowly construes whether pre-2018... Read More