What Happened to the R&D Credit Under Tax Reform?

The Tax Cuts and Jobs Act of 2017 (TCJA) set the stage for the most sweeping update to the U.S. tax code since 1986. We’ve… 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…

New Revenue Recognition Rules Particularly Impact Technology and Software Companies

The new revenue recognition standard fundamentally changes the way we think about financial reporting, and it impacts all industries. But, for those in the software… Read More…

New Per Diem Rates Get Tricky Amid Tax Law Changes

The new per diem numbers are out, effective October 1, 2018. But, as with everything in the era of tax reform, things aren’t always as… Read More…

Employer Tax Credit For Paid Family Medical Leave

If you’re an employer who provides paid family and medical leave to employees, listen up. You may qualify for a new tax credit. The IRS… 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…

Divorce and Tax Reform

It’s not a fun topic, but it’s reality, and we should talk about it: divorce. And, in the era of tax reform, divorce requires a… Read More…

States Rule on Online Sales Tax

Collection of online sales tax becoming clearer as states rule on South Dakota v. Wayfair. Earlier this summer, the U.S. Supreme Court in a 5-4… 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…