October 19, 2018 The Business Meal Deduction Lives On Post-TCJA IRS guidance clears up confusion over whether business meal expenses remain deductible under the Tax Cuts and Jobs Act. Read More
October 15, 2018 529 Plans: Two Tax-Advantaged Education Funding Options When it comes to funding education expenses with a 529 plan, both prepaid tuition plans and savings plans offer attractive … Read More
September 28, 2018 Year-End Tax Planning For Investments Gets Complicated With more tax rate thresholds to keep in mind, year-end tax planning for investments is especially complicated in 2018. Find … Read More
September 21, 2018 Donating Artwork To Charity: Ins and Outs Donating artwork is a great way to share enjoyment of the work with others. But to maximize the tax benefit, … Read More
September 17, 2018 Save Tax If Your Vacation Home Qualifies As A Rental Property For owners of vacation homes, now is a good time to review year-to-date rental vs. personal use of the home. … Read More
August 27, 2018 Play Your Tax Cards Right With Gambling Wins And Losses For those who enjoy gambling as a hobby, as a professional or only on occasion, be sure you understand the … Read More
August 21, 2018 Regulations On Pass-Through Business Income Deduction The IRS recently released highly anticipated, complex regulations addressing the new deduction for up to 20% of qualified business income … Read More
August 17, 2018 IRS Issues Guidance On New Bonus Depreciation Rules Businesses that have put assets into place this year have improved options for claiming bonus depreciation, thanks to the Tax … Read More
July 27, 2018 Why The “Kiddie Tax” Is More Dangerous Than Ever If you’re considering making a gift of income-producing or appreciated assets to a minor or a college student, beware of … Read More
July 26, 2018 Private Foundations: Avoid Accusations of Self-Dealing Private foundations that violate conflict-of-interest rules risk costly taxes and even loss of their tax-exempt status. That’s why you need … Read More
July 11, 2018 What You Can Deduct When Volunteering Assuming a charity is qualified, you may be able to deduct some of the out-of-pocket costs you incur when volunteering … Read More
June 29, 2018 Make Sure Your Nonprofit is Tax-Compliant There’s more to holding a fundraising auction than soliciting items and preparing bid forms. If your nonprofit doesn’t fulfill substantiation … Read More
