Sikich Series on Tax Reform: American Idle – Post Mid-Term Election Outlook on Taxes
The much anticipated 2018 mid-term elections are over. While there are still several unresolved races, there has been a change in Congress. As was
Sikich Series on Tax Reform: IRS Guidance on New Credit for Paid Family and Medical Leave
Don’t “Leave” Money on the Table by Missing out on this New Tax Incentive The IRS issued guidance on September 24, 2018 related to the
Jim Brandenburg Featured in Accounting Today
Jim Brandenburg, CPA, MST, Partner, was quoted in Roger Russell's article about Section 199A, Plumbing the Mysteries of Section 199A, in Accounting Today. Roger Russell is senior
New Custom Wisconsin Sales and Use Tax Exemption Certificate
The Wisconsin Department of Revenue (WDOR) recently made available a customizable electronic sales and use tax exemption certificate. According to WDOR’s website, taxpayers can “use
Sikich Series on Tax Reform: House Passes Three Bills as Part of “Tax Reform 2.0”
Tax Reform 2.0 Follow-up Earlier last month, the House Ways and Means Committee introduced and passed three separate tax bills referred to as “Tax Reform 2.0.” (Please click here for our earlier
Sikich Series on Tax Reform: IRS Update on Tax Treatment for Meals and Entertainment
Delicious Deductions – IRS Provides Guidance on Tax Treatment of Meals and Entertainment You may recall that the “Tax Cuts and Jobs Act” (TCJA) last year eliminated the deduction for entertainment expenses incurred
Sikich Series on Tax Reform: IRS Issues Guidance on New UBIT Rules for Exempt Organizations
The Internal Revenue Service (IRS) recently released Notice 2018-67 (Notice) providing guidance for tax-exempt organizations on the treatment of Unrelated Business Income Tax (UBIT).
Sikich Series on Tax Reform – New Deduction for Pass-Through Entities and Recent Proposed Regulations
Twenty for 20 (20-4-20) On August 8, 2018 the IRS released its much anticipated proposed regulations under new Section 199A (the new 20% deduction for pass-through entities and sole proprietors).
Update on State Responses to Wayfair
It was just a short three months ago when the U.S. Supreme Court in South Dakota v. Wayfair (Dkt 17-494, 6/21/2018) eliminated the long standing
Ken Klika Featured in Legaltech News
Ken Klika's article on cloud transformation, "Transform Your Firm with the Cloud: 5 Keys for IT Leaders" was published in Legaltech News. Ken is a partner
Sikich Series on Tax Reform: The Tax Reform Act and How It Affects Business Succession Planning
Many business owners are considering the impact of tax reform on their organizations. Deciding what changes to make—if any—can present challenges. Common questions revolve around choice of business entity and
Sikich Series on Tax Reform: Tax Reform 2.0 – Ways and Means Committee Releases Details of Plan
Many taxpayers and tax advisors are still digesting last year’s comprehensive tax reform bill, but Congress is set to begin its next round of tax legislation. Dubbed “Tax Reform
IRS Updates Draft of 2018 Form 990
The passing of the Tax Cuts and Jobs Act (the Act) has incited the addition of two questions to the IRS’s draft of the 2018
Tina Perez Published in Construction Executive
Tina Perez, audit partner, certified public accountant and certified construction industry financial professional, was published in the Construction Executive article, Address New Accounting Standards Now to Ensure
Sikich Series on Tax Reform: IRS Releases Guidance for Tax-Exempt Organizations on New UBIT Rules for Separate Trades or Businesses
The focus on last year’s “Tax Cut and Jobs Act” (“TCJA”) was on business tax matters. There were, however, also several significant changes impacting
Webinar Recording: GASB S-75 for School Districts
What is GASB Statement No. 75? Below is an overview of GASB Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than
Real Estate and Tax Reform: A High Level Analysis
The recently enacted “Tax Cuts and Jobs Act” (The Act) features numerous tax provisions impacting businesses in all industries. The following is a brief overview
Sikich Series on Tax Reform: Tax Reform’s Impact on the Construction and Real Estate Industry
The Tax Cuts and Jobs Act (the Act) was signed into law by the President on December 22, 2017. The comprehensive reforms contained in the
Tax Considerations for Real Estate Investors Mini Series: “The Land of OZ” Opportunities with the New Opportunity Zone Incentives
You may recall that the “Tax Cuts and Jobs Act” enacted last year was a comprehensive tax bill impacting businesses of all sizes in every
Brian Kelley Featured in Accounting Today
Brian Kelley, CPA, MST, Managing Director of State and Local Tax Services, spoke to the implications of the Supreme Court's Wayfair decision in Roger Russell's
