Employee Benefits Blog
December 18, 2018
The purpose of this letter is to explain how and why this year’s tax season may differ from recent years.
August 15, 2018
How will the recent tax reform affect your business and year-end planning in 2018? Join us for breakfast and find out.
August 8, 2018
Today the Treasury Department released proposed regulations intended to clarify Section 199A of the Internal Revenue Code. This section of law was introduced by December’s Tax Cuts and Jobs Act, and created a completely new, 20% deduction of certain pass-through and other “business” income. It also created numerous, significant questions regarding qualification for the new deduction.
August 1, 2018
Proposed regulations related to Internal Revenue Code Section 965 were released today by the Treasury Department, providing additional guidance on the new repatriation tax on certain foreign earnings that was imposed by December 2017’s Tax Cuts and Jobs Act.
July 30, 2018
The new 20% deduction applicable to certain flow-through income is one of the most significant features of last December’s Tax Cuts and Jobs Act. As explained in a January BNN article, the text of this new rule, provided in new Internal Revenue Code Section 199A, is complex and often ambiguous. We have been awaiting promised guidance in the form of Treasury Regulations, and it now appears that the release of that guidance is imminent.
June 7, 2018
Merrill Barter had his article “The Tax Cuts and Jobs Act: State tax considerations, impacts, and responses” published in The Tax Adviser.