November 28, 2017
With the Equifax data breach exposing the personal identifiable information (PII) of 143 million Americans this year, we will need to be prepared to receive and answer more concerns than ever from our clients about tax related identify theft this ...
November 22, 2017
For those of you that are in the cannabis industry or just starting out, you have no doubt either been hit with a large tax bill or you are about to be. However, it doesn’t have to be that way. There are many steps that you can take legally just by ...
November 16, 2017
House Republicans approved their sweeping tax-cut package Thursday, setting up a showdown with the Senate, where Republicans are struggling to take a different approach.
November 7, 2017
Newly released financial documents about offshore account holdings by many of the world's elite has amplified calls for Trump to publicly release his income tax returns. The Paradise Papers, named so because they emerged from an off-shore law firm ...
November 7, 2017
California homeowners could see savings up to a couple hundred dollars a year off their property tax bill, depending on the type of capture system they install, Glazer’s office said.
November 2, 2017
The plan would also repeal the alternative minimum tax (AMT) and the estate tax, while preserving the current status quo tax deferred treatment of 401(k) and similar accounts.
November 2, 2017
The amount of the penalty is based on when you file the correct information return or furnish the correct payee statement. The penalty for not filing a correct information return is separate from the penalty for not providing the correct payee statement.
October 30, 2017
The indictment in the district court for Washington D.C. states that Manafort laundered more than $18 million to buy luxury gods and services without paying any tax on the income. This enabled the GIP strategist to support a “lavish lifestyle. “
September 27, 2017
The new tax plan doesn’t provide much detail on how the tax cuts will be paid for and who exactly will benefit. It also throws some important decisions back into Congress’ lap.
September 14, 2017
Bloomberg BNA opened a window onto next year’s tax planning landscape with the release of its 2018 Projected Tax Rates, a detailed and comprehensive projection of inflation-adjusted tax items based on changes in the consumer price index (CPI), which ...
August 30, 2017
First of all, to qualify as IRC §1202 Stock, the stock must be in a domestic C-Corporation. The stock cannot be held by an S-Corporation or a limited liability company (LLC). Another caveat is that the corporation may not have more than $50 million in ...
August 28, 2017
As Hurricane Harvey brings massive floods and destructive winds to Texas, victims are in need of relief and aid.