by Fernando Ayala | Jan 15, 2020 | Articles
Do you provide parking for your employees? If you are like most employers, the answer is probably yes. The IRS deems you as providing parking fringe benefits to your employees if you are paying a third party for parking, leasing a building or suite that includes...
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...
by Fernando Ayala | Jul 1, 2019 | Articles
When the Tax Cuts and Jobs Act (TCJA) was introduced, primary focus was placed on the decrease in tax rates, qualified business income deductions and changes to the itemized/standard deductions. Now that these have been addressed, a closer look suggests several...
by Karen Rashid | Mar 21, 2018 | Articles
When it comes to tax planning, there’s little room for error. Making a mistake on your return could lead to an audit, which can be both time-consuming and stressful. In an effort to streamline the audit process, new guidelines for audits involving partnerships were...
