Structuring a 401(k) Match Based on Employee Student Loan Repayments
Employers face a constant struggle to attract and retain quality employees. This is especially true in a strong economy where jobs are plentiful and the…
Federal Tax
Section 4980H Employer Shared Responsibility Payments (ESRP): The New “IRS Employment Tax Penalty”?
Many employers began to receive notices from the IRS in 2018 proposing the assessment of a payment against the employer for the tax years 2015…
The Federal Generation-Skipping Transfer Tax: The Often Forgotten Transfer Tax
Many people are aware of the federal gift tax and the federal estate tax (sometimes referred to as the ‘death tax’). These are the transfer…
Senate Finance Committee Probing Conservation Easement Abuse
On March 27, 2019, the Senate Finance Committee launched an investigation into the abuse of syndicated conservation easement transactions. The transactions being investigated involve promoters…
461(l): The Internal Revenue Code Section No One Knows About—But Should
The Tax Cuts and Jobs Act of 2017 (“TCJA”) added new Section 461(l) to the Internal Revenue Code (the “Code”). This new Code section limits…
The New Section 199a 20% Profit Deduction For Pass-Thru Business Owners:
Assisted And Senior Living Facilities
Under the 2017 Tax Cuts and Jobs Act, Congress enacted a new Section 199A 20% profit deduction for owners of pass-through businesses, and which include…
The New Section 199a 20% Profit Deduction For Pass-Thru Business Owners:
Does It Apply To Rental Real Estate Activities?
Under the 2017 Tax Cuts and Jobs Act, Congress enacted a new Section 199A 20% profit deduction for owners of pass-through businesses, and which include…
The New Section 199a 20% Profit Deduction For Pass-Thru Business Owners:
Employee Leasing May Help
Under the 2017 Tax Cuts and Jobs Act, Congress enacted a new Section 199A 20% profit deduction for owners of pass-through businesses, and which include…
Don’t Forget to Update Your Operating Agreement for Partnership Audit Rule Changes
The Bipartisan Budget Act of 2015 enacted sweeping changes to the federal audit regime for entities taxed as partnerships. The new audit rules became effective…
IRS Issues Final Regulations On New Section 199a 20% Profit Deduction For Pass-Thru Businesses, And Also Adds Additional Proposed Regulations And Further Guidance On New Deduction
On January 18, 2019, Treasury and the IRS issued final regulations for the new Section 199A 20% profit deduction for pass-thru businesses adopted under the…