by Bryan Snyder | Dec 17, 2021 | Articles
California now joins several states that have created a pass-through entity tax (PTE tax) providing qualified owners a workaround of the federal $10,000 limit on the state and local tax deduction. California recently passed Assembly Bill 150 (AB 150), which allows...
by Bryan Snyder | Jan 29, 2020 | Articles
The IRS has been promising a new version of Form W-4, Employee’s Withholding Certificate, for some months, and it recently published it, with a brief announcement in its e-News service. The form is very similar to a draft version published earlier in 2019....
by Bryan Snyder | Aug 18, 2019 | Articles
The Tax Cuts and Jobs Act (TCJA) introduced a significant new deduction which affects individuals with “qualified business income” (QBI) from a partnership, S corporation, LLC or sole proprietorship. This deduction, under Section 199A of the Internal...