BLS Insights

Final regulations have been released providing guidance concerning substantiation and reporting requirements for cash and noncash charitable contributions.

Last summer I wrote a blog entitled, “So You Are Changing Jobs, Are You Forgetting Something?

The Tax Cuts and Jobs Act made modifications to the treatment of certain like-kind exchanges.

Prior to a recent U.S. Supreme Court ruling, the standard to determine “substantial nexus” for sales tax purposes was based on “physical presence” as provided in Quill v. North Dakota.

NOL Deduction – Under the old law NOL utilization was not subject to limitations based on taxable income.  Under the new law NOL utilization will be limited to 80% of … Continued

In early May 2018, the Internal Revenue Service (IRS) introduced a new tool called the Tax Exempt Organization Search.

Under the newly enacted Tax Cuts and Jobs Act, the corporate tax rate decreased from a maximum of 35 percent to a flat 21 percent rate beginning in 2018.

The Tax Cuts and Jobs Act (TCJA) has altered the tax landscape for a lot of individuals and businesses. The changes are extensive and we wanted to provide a high-level overview of some of the features to keep you informed. 

The Tax Cuts and Jobs Act lowered the corporate income tax from a maximum rate of 35% to a flat rate of 21% beginning in 2018. 

The Tax Cuts & Jobs Act (TCJA) incorporates four tax accounting changes that are noteworthy.