Perspectives

In our conversations with clients, entity selection is one of the most commonly discussed topics. The decision to make an entity change is not nearly as simple as you might think. Read more

It’s the responsibility of the business owner to ensure that their entity is complying with any and all data-related requirements. The only way to properly ensure that you are in compliance is to have... Read more

This delay is not finalized so it is important to continue operating under the current deadlines. FASB says more details are expected to be released in mid-August. Read more

The theme for this year’s event was, “The A&E Industry of the Future.” Industry leaders discussed what the future of the A&E industry will look like based on their diverse perspectives. Read more

The Taxpayer First Act contains several new protections for taxpayers, and provisions intended to improve the IRS’s customer service. Read more

Did you know the federal income reporting rules for slot machine winnings and table game winnings are not the same? Read more

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

In an effort to help businesses in Massachusetts be better prepared for new Paid Family and Medical Leave regulations, the state legislature has delayed the start of employer and employee PFML contributions... Read more

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

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