Tax Reform Insights
Reading Time: 12 minutes
- February 6, 2020
- Audit and Tax | Construction | Tax
As a new decade begins, will construction and real estate businesses see the ‘roaring twenties’ with continued growth? Or will we witness a collapse…
Reading Time: 4 minutes
- November 25, 2019
- Tax
With the first full year of tax reform behind us, practitioners and taxpayers are now evaluating the actual impact to their bottom line. One…
Reading Time: 5 minutes
- November 4, 2019
- Construction | Tax
Tax law changes with the biggest impact on the construction industry The 2018 tax year was the first full year that was impacted by…
Reading Time: 5 minutes
- July 22, 2019
- Tax
IRS Proposes Criteria for New Section 4968 Excise Tax Impacting Some College Endowments The Tax Cuts and Jobs Act (TCJA) enacted on December 22,…
Reading Time: 11 minutes
- July 16, 2019
- Audit and Tax | Tax
What You Need to Know about the Wisconsin Entity Level Tax Election and Next Steps Late in 2018, Wisconsin enacted special tax legislation directed…
Reading Time: 7 minutes
- May 23, 2019
- Tax
The Opportunity Zones (“OZ”) provision from the recent Tax Cuts and Jobs Act (“TCJA”) offers a new tax incentive for many taxpayers. We addressed…
Reading Time: 4 minutes
- May 17, 2019
- Audit and Tax | Construction
When taxpayers purchase or construct a building, it is typically depreciated as a single asset over 27.5 or 39 years for income tax purposes….
Reading Time: 6 minutes
- March 21, 2019
- Tax
Our unique dictionary in which March Madness meets Tax Madness It’s that special time of year. As a long cold winter begins to…
Reading Time: 10 minutes
- March 21, 2019
- Tax
Small business taxpayers should explore these new accounting methods When the Tax Cuts and Jobs Act (TCJA) was enacted in December 2017, much…
Reading Time: 9 minutes
- February 27, 2019
- Tax
Changes made to parking benefits provided by employers The adage goes “there is no such thing as a free lunch.” Perhaps this could…
Reading Time: 8 minutes
- January 24, 2019
- Audit and Tax | Tax
You may recall about a year ago all the articles and published materials covering tax reform that Congress and President Trump enacted on December…
Reading Time: 7 minutes
- January 22, 2019
- Audit and Tax
The IRS issued its final regulations on January 18, 2019 on the new 20% deduction for Qualified Business Income (“QBI”) for pass-through businesses (Section…
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- January 9, 2019
- Audit and Tax | Tax
IRS Opens Up on Government Shutdown and Tax Refunds The current “government shutdown,” is in its third week. Some government agencies are not…
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- December 21, 2018
- Tax
With the Tax Cuts and Jobs Act (TCJA) being such a comprehensive bill, there is often some uncertainty over various provisions and how they…
Reading Time: 10 minutes
- December 18, 2018
The adage goes “there is no such thing as a free lunch.” Perhaps this could be expanded now to be “there’s no such thing…
Reading Time: 12 minutes
- December 12, 2018
- Tax
The guiding principles in the 2017 Tax Cuts and Jobs Act (“TCJA”) enacted in December 2017 were to create jobs, stimulate economic growth,…
This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.