The legislative language of the Tax Cuts and Jobs Act contained many areas of ambiguity and unclear definitions, and the provisions pertaining to nonprofits were no exception. Organizations have been…
2018 Year-End Tax Planning Guide
The Tax Cuts and Jobs Act significantly altered the U.S. tax landscape and upended decades of conventional wisdom and planning strategies when it was signed into law in December 2017….
There’s Never Been a Better Time to Consider Cost Segregation. Find Out Why.
Cost segregation is not a new tax strategy, but the passage of the Tax Cuts and Jobs Act in December 2017 now make it a more valuable one. Essentially, cost…
Dependent Taxability 101: When, How and Where to File a Return
Individual tax planning is a whole new ballgame this year, thanks to tax reform. Many of the provisions contained in the Tax Cuts and Jobs Act, like the reduction in…
IRS Proposed Regulations Bring More Clarity to Eligibility Criteria for New 199A Pass-Through Deduction
Many provisions of the Tax Cuts and Jobs Act require further regulatory clarification – perhaps none more so than Section 199A. This newly created section of tax code allows eligible…
