By James P. McAndrews III, Director of Tax
On August 7, 2018, the U.S. Treasury Department issued proposed regulations on the new 20% tax break included in last year’s $1.5 trillion tax reform bill. These regulations spell out what kinds of companies and professionals will qualify as eligible pass-through entities for this new deduction.
This long-awaited clarification has significant […]
The way healthcare is being paid for is changing across the nation. Whether it is Obamacare or a health savings account, there are many options to stay out of debt. Having a plan of some sort is vital in these days of rising health […]
Nonprofits, unlike most businesses, have a separate monster to tackle when it comes to taxes – how to handle property that has been donated. Depending on what the property is, how much it is worth, and what it is used for, there are different rules […]