Feb
26
2020
Providing tax benefits to investors who invest eligible capital
into distressed communities throughout the U.S. and its possessions, Qualified
Opportunity Zones (QOZs) were created under the Tax Cuts and Jobs Act of 2017
to spur economic development and job creation. If you're...
Feb
26
2020
In most cases, taxpayers who
turned 70 1/2 during 2018 must start receiving required minimum distributions
(RMDs) from Individual Retirement Accounts (IRAs) and workplace retirement
plans by Monday, April 1, 2019.
The April 1 deadline applies to
owners of traditional (including SEP and SIMPLE)...
Feb
26
2020
Under the Tax Cuts and Jobs Act
(TCJA), there is an additional first-year depreciation deduction that applies
to qualified property, including passenger automobiles, acquired and placed in
service after September 27, 2017, and before January 1, 2027.
Generally, both the section 179
and the...
Feb
26
2020
If you're a small business owner
with fewer than 25 full-time equivalent employees you may be eligible for the
small business health care credit.
What is the
Small Business Health Care Credit?
The small business health care
tax credit, part of the Patient Protection and...
Feb
26
2020
The health care law contains tax provisions that affect
employers. Two parts of the Affordable Care Act apply only to applicable large
employers. These are the employer shared responsibility provisions and the
employer information reporting provisions for offers of minimum essential
coverage.
The size...