by Mary Doherty | Sep 30, 2019 | Business Planning
The Internal Revenue Service today issued a safe harbor revenue procedure to allow certain interests in rental real estate, including interests in mixed-use property, to be treated as a trade or business for purposes of the qualified business income deduction under...
by Mary Doherty | Sep 26, 2019 | Nonprofit
Many not-for-profit organizations use fundraising methods that cross state boundaries. If your nonprofit is one of them, it may need to register in multiple jurisdictions. But keep in mind that registration requirements vary — sometimes dramatically — from state to...
by Mary Doherty | Sep 25, 2019 | News, Tax Planning
The IRS has released final regulations and another round of proposed regs for the first-year 100% bonus depreciation deduction. The Tax Cuts and Jobs Act (TCJA) expanded the deduction to 100% if the qualified property is placed in service through 2022, with the amount...
by Mary Doherty | Sep 24, 2019 | Business Planning, News
Audited financial statements come with a special bonus: a “management letter” that recommends ways to improve your business. That’s free advice from financial pros who’ve seen hundreds of businesses at their best (and worst) and who know which strategies work (and...
