Update: Halfway There – Tax Cuts and Jobs Act Guidance Catching Up
Planning for the 2019 tax season is in full swing now that the November 15 tax-exempt organization filing deadline has passed. In stark contrast to last
2020: Provided the World Doesn’t End, We’ll Enjoy an Increased Lifetime Gift and Estate Tax Exclusion
Whether society’s collective interpretation of the Mayan calendar proves correct and the world ends in 2020 remains unknown, for now. Despite this
TCJA – Could 2019 Taxable Income be Higher than Projected?
As we approach the end of 2019, two separate changes in reporting of gross income from providing goods and/or services could combine for an unpleasant
IRS Releases Advance Payment Proposed Regulations for Accrual Method Taxpayers, Providing One-Year Deferral
On September 5, the IRS released guidance in the form of proposed regulations (Prop. Reg. §1.451-8) that address the receipt of payments from customers