October 2018

Vacation Homes Classified as Rentals See Little Impact from Tax Reform

There’s good news if you own a vacation home that you rent out: The Tax Cuts and Jobs Act (TCJA)…

7 Year-End Tax Planning Moves for Small Businesses

Business owners still have time to significantly reduce their tax bills for 2018. Here are seven year-end moves to consider,…

Free Credit Freezes and Fraud Alerts Are Here!

The Federal Trade Commission (FTC) just issued some FAQs explaining a new consumer protection law known as the Economic Growth,…

Tax Savings from Cost Segregation Studies Add Up for Businesses

Has your company invested in buildings this year to rent out or use for business purposes? Real estate investors have…

IRS Issues Guidance Deducting Meals Bought During Entertainment

The IRS recently provided transitional guidance about the deductibility of expenses for business meals that are purchased in an entertainment…

Reporting Income from Vacation Home Rentals under Today’s Tax Rules

Do you own a vacation home that’s rented out but also used for a significant amount of time by you…

Employers: IRS Updates Business Travel Per Diems

Under current tax law, employees aren’t allowed to claim miscellaneous itemized deductions — including unreimbursed business expenses — on their…

Tax Law Allows Employees to Defer Income from Equity-Based Pay

Equity-based compensation can be a great way to reward and retain valued employees, especially for companies with limited cash on…