Income Tax Due Diligence – A Critical Piece of Acquisition Due Diligence

In addition to a comprehensive sales and use tax review, a thorough income tax review is critical in the overall tax diligence process that a buyer must ... read more >

Where are your trucks at December 31, 2018?

For many nonpublic transportation companies, the question of where your trucks are at December 31, 2018 is an important question to prepare yourself for ... read more >

The Future of Construction

In thinking about the future of construction, my Google search turned up a lot of ideas. Some of the main aspirations of construction companies for the ... read more >

Relief from addition to tax for underpayment of estimated income tax for tax-exempt organizations that provide Qualified Transportation Fringe Benefits

As a result of the changes made to Internal Revenue Code (IRC) sections 274 and 512 by the Tax Cuts and Jobs Act of 2017, tax-exempt organizations must ... read more >

IRS Guidance on Parking Expenses for Qualified Transportation Fringes Provides Opportunities for Exempt Organizations

The IRS has released Notice 2018-99, which provides interim guidance to tax-exempt organizations as to how unrelated business taxable income (UBTI) is ... read more >

Does Santa Pay the Gift Tax? Does Santa Receive Wages of Cookies and Milk?

‘Twas the night before Christmas and all through the house, not a creature was stirring… except for St. Nick’s elf-accountants, who ... read more >