Making the Most of Your Charitable Contributions

One of the most significant changes introduced in new tax law is that the standard deduction has increased significantly for every type of taxpayer. For ... read more >

Effective Dividends to Receive a 100% Deduction under New Proposed Treasury Regulations

It should come as no surprise that taxpayers seek to minimize tax liability and maximize tax benefit. One way to achieve that result is for taxpayers to ... read more >

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 >