Tax Reform in Light of the Mid-Term Elections

With control of the House of Representatives — and with it the tax-writing Ways and Means Committee — flipping solidly into the ‘D’ category this… Read More…

Plans To Withdraw From Postal Treaty Could Impact Your Business

The president’s withdrawal from a little known postal treaty may soon impact the price of goods coming into the US from China. Anyone in the… Read More…

Meals Still Deductible Under New IRS Guidance

Back in June, we detailed changes made by the Tax Cuts and Jobs Act (TCJA) to meal and entertainment deductions for businesses. Remember that, the… Read More…

IRS Provides Tax Relief for Hurricane Florence Victims

North Carolinians affected by Hurricane Florence have until January 31, 2019, to file certain individual and business tax returns and make certain payments, the IRS… Read More…

Keep Business Running After a Natural Disaster

Natural disasters can strike at any time. This week, no one knows that better than the residents of North and South Carolina. As we brace… Read More…

Investing in “Opportunity Zones” Brings Tax Benefits to Investors

Leaders in Washington and beyond are hoping that another element of the Tax Cuts and Jobs Act, one that creates tax incentives for investing in… Read More…

Is Tax Reform 2.0 on the Way?

The president and Republican members of the House Ways and Means Committee are promising a second phase of tax cuts, “tax reform 2.0”, which will… Read More…

Does the Reduction in the Corporate Tax Rate Mean I Should Convert My Business to a C Corp?

“Should I convert my business to a C corp?” We’re getting that question a lot, and, frankly, it used to be easier to answer. That’s… Read More…

Take Me Out to the Ballgame — or Not! Meals and Entertainment Deduction Slashed

  Note that an update has been made to the information posted in this blog based on new IRS guidance. Click here for more information…. Read More…

Tax Reform’s Impact on Mergers & Acquisitions

While it’s too soon to tell if the goals set forth by the Tax Cuts and Jobs Act of 2017 (TCJA) will be met, we… Read More…