Depreciation Update for 2019
- November 11, 2019
Depreciation is a great way to reduce your taxable income. With 100% bonus and section 179 you can eliminate most or...
Tax Reform: Three Provisions That Could Affect Borrowers
- May 20, 2019
Most of the changes enacted by the Tax Cuts and Jobs Act took effect in tax year 2018. So the current tax-filing season is...
Final IRS Regulations Create Safe Harbor for Rental Real Estate
- January 31, 2019
written by Kathy Hillenburg The new tax law effective for the 2018 tax year provides a new income tax deduction for...
Year-End Tax Planning for Individuals
- November 19, 2018
Tax season is just around the corner, and individuals are finalizing their year-end financial strategies ahead of the new year. We’ve...
Year-End Tax Planning for Businesses
- November 19, 2018
Tax season is just around the corner, and businesses are finalizing their year-end financial strategies ahead of the new year. We’ve...
Practical moves for individuals navigating the tax law
- October 30, 2018
written by Jay Logal As tax season quickly approaches, taxpayers are searching for successful year-end tax strategies to set them up...
What You Need to Know about the New 20% Deduction
- August 29, 2018
written by Ray Moncrieffe The IRS issued proposed regulations regarding the qualified trade or business income deduction which was enacted by...
Tax Cuts and Jobs Act: What You Need to Know
- August 3, 2018
written by Jennifer Cochran In five months, the Tax Cuts and Jobs Act of 2017 (TCJA) goes into effect. TCJA, which...
Tax Cuts and Jobs Act: Depreciation and Sec. 179 Expensing
- March 10, 2018
written by Kathy Hillenburg The Tax Cuts and Jobs Act modifies provisions related to depreciation and expensing of fixed assets. These...