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IRS Clarifies Reasonable Comp. for S Corp. Owner’s 199A Tax Deduction

October 4, 2018

The new IRS proposed regulations confirm that the S corporation treats as wages the reasonable compensation that it pays to...

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How Capital Gains Can Destroy the New 199A 20 Percent Tax Deduction

September 26, 2018

Will you qualify for the new tax code Section A percent tax deduction When looking at the possibilities don t...

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Gain on Sale of Mixed Use Home

August 29, 2018

Navigating Home-Sale Exclusions Qualified vs Nonqualified Use The days when you could convert your rental property or vacation home to...

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How Cost Segregation Can Turn Your Rental into a Cash Cow

August 16, 2018

Imagine having a study performed on your property to get an immediate -plus in after-tax cash in your pocket this...

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More Deduction News for 2018

August 8, 2018

New Tax Rules for Business Meals and Entertainment Deductions In general the new tax Act provides for stricter limits on...

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Proving Travel Expenses After Tax Reform

July 11, 2018

As you likely know by now your travel meals continue under tax reform as tax-deductible meals subject to the percent...

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Got questions on the Corporate Transparency Act? Learn more about the new federal BOI requirements. Save time and hire us to file it for you.

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