A safe harbor for rental real estate to qualify for the qualified business income deduction is now allowed.

The costs involved with funding a retirement plan for employees can greatly burden a small business. The U.S. Dept. of Labor has issued a final rule that can ease the burden.

An attractive fringe benefit for some employees is an employer-provided vehicle that can be used for business and personal use. The IRS recently issued guidance on how to value the personal use of such vehicles to include the amount in an employee’s income.

Glitches in the Tax Cuts and Jobs Act require fixes! Tax extenders have yet to be extended! Will Congress pass the necessary legislation? Find out what needs fixing and what tax provisions need extending.

There’s been much upheaval over the overtime exemption rule since the last one went into effect in 2004. The Department of Labor has issued a proposed update to the rule, but it’s unclear if it will be finalized in its current form.

Reference this tax calendar to learn 2019 deadlines of various tax-related forms and payments.

How certain are you that you’ve paid enough in taxes for 2018? The myriad of tax law changes in the TCJA has made it difficult to properly estimate 2018 tax liability. The IRS has just provided penalty relief for the under-withholding of 2018 taxes.

The government shutdown has hit it's third week, just as the 2018 tax filing season is beginning to gear up. How will it affect your tax filing preparations?

Recently released proposed IRS regulations on business interest expense deductions provide some clarity for affected businesses.

Consider these 2019 cost-of-living adjustments as you complete year-end tax planning.

If you’d like to reduce your 2018 tax liability, consider taking these year-end tax planning steps now.

Tax incentives exist for those who invest in Opportunity Zones, and the IRS has just issued proposed regulations. Learn more about Opportunity Zones, the available tax breaks and the rules for investors here.

IRS guidance clears up confusion over whether business meal expenses remain deductible under the Tax Cuts and Jobs Act.

IRS guidance provides businesses with greater detail on the Tax Cuts and Jobs Act’s employer credit for paid family and medical leave.

“Tax Reform 2.0” is the name that’s been attached to the latest round of proposed tax law changes. The House Ways and Means Committee just passed three specific tax bills. Learn more about them here.

One component of the recently issued IRS regulations that address the TCJA’s new QBI deduction for pass-through entities is that owners can elect to aggregate their businesses for purposes of the deduction. Here’s a closer look at the tax benefits of this strategy.

The IRS recently released highly anticipated, complex regulations addressing the new deduction for up to 20% of qualified business income (QBI) from pass-through entities. Here’s an overview of the most important issues that the proposed regs address.

Businesses that have put assets into place this year have improved options for claiming bonus depreciation, thanks to the Tax Cuts and Jobs Act. The IRS has issued proposed regulations regarding bonus depreciation. Here’s a review of the proposed regs.

While many individuals and businesses are still working to fully understand how the provisions of the Tax Cuts and Jobs Act affect them, lawmakers are prepping for Tax Reform 2.0. Here’s a look at what’s been proposed thus far.

The U.S. Supreme Court’s ruling in South Dakota v. Wayfair is expected to hurt online retailers and boost brick-and-mortar stores. The high court’s 5-4 ruling opens the door for states to require out-of-state retailers to collect sales tax.