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...
