Perspectives

UPDATE: MA Announces Final Technical Information Releases Concerning Opportunity Zones and Partnership Technical Terminations 6/18/2019 in Articles & Podcasts

Massachusetts has now publicly stated in a final Technical Information Release that corporations are allowed to defer gains from Opportunity Zones and are required to follow the basis reduction rules... Read more

Company Cars: Recent Guidance From the IRS 6/3/2019 in Articles & Podcasts

Revenue Procedure 2019-26 includes different limits for purchased automobiles that are eligible for bonus first-year depreciation and some that aren’t. Read more

Buckle Up: IRS Announces Personal Use of Employer-Provided Vehicle Rule Updates 5/30/2019 in Articles & Podcasts

These rules are designed to help employers value an employee’s personal use of an employer-provided vehicle for income and employment tax purposes. Read more

Glitches and Extenders: Uncertainty Surrounding TCJA Federal Income Tax Provisions 4/12/2019 in Articles & Podcasts

There are still several outstanding uncertainties frustrating businesses and individual taxpayers. The Tax Cuts and Jobs Act contains several “glitches” that need legislative fixes. Read more

Proposed Tax Legislation – Tax Cuts and Jobs Act 11/3/2017 in Articles & Podcasts

Tax Reform

On November 2nd, the House Republicans released their proposed tax legislation. The proposal contains several changes to the tax code for individuals, businesses, and other organizations. Read more

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