Congress passed major tax reform in the Tax Cuts, and Jobs Act passed on December 22, 2017. This legislation, which affects individuals and businesses, is known as the TCJA or Reform...
Posted by BEST FINANCIAL GROUP LTD on 11/17/2020
One of the more intricate provisions of the Tax Cuts and Jobs Act (TCJA) is the new limitation of business interest expenses. At first glance, this limitation seems simple, but the...
Posted by Taxes Made EZ Inc on 10/30/2020
Crowdfunding raises money for many different purposes—personal, business, and charitable. The purpose determines how these are treated for tax purposes. Sometimes...
Posted by R Pace Tax Service, LLC on 03/22/2017
I have to say, I am somewhat surprised when someone tells me that they just provide a spreadsheet with their income and expenses to their accountant or tax preparer. My first...
Posted by Rincon Controller and Tax Services on 11/27/2015
