New Limitation on Business Losses of Pass-through Entities
The Tax Cuts and Jobs Act expands certain limitations on losses for non-corporate taxpayers. The new provisions limit the aggregate amount of deduction ... read more >
The Tax Cuts and Jobs Act expands certain limitations on losses for non-corporate taxpayers. The new provisions limit the aggregate amount of deduction ... read more >
On January 29, 2018, the American Institute of Certified Public Accountants (AICPA) sent a letter to the Internal Revenue Service (IRS) requesting clarification ... read more >
All large corporations begin small, with a vision and strategy. The Small Business Investment Company (SBIC) program provides loans to private equity funds ... read more >
Conditions are improving in the U.S. manufacturing industry, which may lead firms to consider constructing new facilities or relocating their operations ... read more >
With apologies to William Shakespeare, a big tax question vexing many business owners these days is not, “To be or not to be?” but, rather, ... read more >
The Internal Revenue Service (“IRS”) recently issued Revenue Procedure 2018-15, stating that it will no longer require a new exemption application ... read more >
Businesses and organizations have been struggling to implement the withholding and reporting obligations passed under Act 43 of 2017. Act 43 requires withholding ... read more >
With sweeping tax reform going into full effect last month, many 401(k) participants are wondering how and if their plans will be affected. The answer ... read more >
The Tax Cuts and Jobs Act (The Act) was signed into law on December 22nd and brings with it the most sweeping changes to the Tax Code in more than 30 years. ... read more >
In general, the Internal Revenue Service’s hardship distribution regulations provide that a hardship distribution may only be made on account of ... read more >