2019 Federal Tax Return Due Dates for Tax Year 2018

Tax Season has arrived! The IRS opened the 2019 tax filing season this week and they began accepting and processing federal tax returns for the 2018 tax year. As tax season kicks into high gear, here is a listing of important filing due dates and extended due dates. Please click here for full list of […]
Updates on Tax Reform Guidance on Qualified Improvement Commercial Property and Section 179

As we all welcome a new year, we are revisiting two prior points from the Tax Cuts and Jobs Act of 2017 (TCJA), one which is still being discussed and one not yet discussed. As part of the TCJA, Qualified Improvement Property was redefined as any improvement to an interior portion of a commercial building […]
Comprehensive list of all states and legislation passed related to the Wayfair matter

Revised State Tax Chart
Tax Cuts and Jobs Act: S Corporation vs. C Corporation

By Jennifer Kobylarz, CPA, MST Recent guidance by the IRS specifically addressed conversion of an S corporation to a C corporation, which has left a lot of business owners wondering if a change would be beneficial. The Tax Cuts and Jobs Act of 2017 (TCJA) lowered the top federal tax rate on a C Corporation […]