Tax Planning Guide 2020-21
What word other than “unprecedented” can be used to describe the events we’ve experienced this year? During such times, tax planning is far from top of mind. But it’s still...
06 November, 2020
tax tips Tag
S-Corporation Tax Advantages
The S corporation continues to be a popular entity choice, combining the liability protection of a corporation with many of the tax benefits of a partnership. But these benefits come...
06 November, 2020
Small Business Tax Advantages
Small businesses enjoy several tax advantages that may allow them to reduce their tax bills, defer taxes and simplify the reporting process. Until recently, federal tax rules generally defined “small...
06 November, 2020
Summary on Meal and Entertainment Tax Deductions
On Sept. 30, 2020, the IRS issued final regulations that provide guidance for meal and entertainment deductions under section 274 of the Internal Revenue Code. The following is a general...
03 November, 2020
COVID-19 Year-End Tax Planning
If you are reading this, that means you’ve survived what will be one of the most interesting years in your life! This year has brought changes to the way we...
03 November, 2020
2020 Election Preview: Real Estate
(authored by RSM US LLP) With the election approaching, RSM is looking at the economic stakes and the key issues for various industries....
21 October, 2020
IRS Issues Final Regulations on Meals and Entertainment Deductions
(authored by RSM US LLP) The final regulations issued by the IRS provide guidance for meal and entertainment deductions under section 274....
01 October, 2020
Will I Receive a Tax Refund Interest Payment?
Authored by the Internal Revenue Service: IR-2020-183, August 18, 2020 This week the IRS will send interest payments to about 13.9 million individual taxpayers who timely filed their 2019 federal income...
04 September, 2020