Tax

Marijuana legalization is one of the hottest topics in the United States in recent memory. While still illegal at the federal level, more than half of the states have passed some measure of cannabis legality –…

The Tax Cuts and Jobs Act (TCJA) of 2017 brought about significant tax reform. However, one of the more perplexing provisions is that employer-provided parking is now considered unrelated business taxable income (UBTI). Therefore, employer-provided…

When the Tax Cuts and Jobs Act (TCJA) passed in 2017, there was general concern around nonprofit organizations about the future of charitable giving in the United States. In fact, research performed by the Indiana University…

Since the 1980s, the U.S. federal government has offered the Research & Development (R&D) Tax Credit as a means of incentivizing companies to invest in innovation and experimentation. The R&D Credit is available to companies…

Part of your role as an employer is to collect, report and pay payroll taxes. It is highly critical to stay compliant with tax laws, as you may be personally liable for payroll taxes not…

The truth is the Research & Development (“R&D”) Tax Credit is one of the most overlooked tax incentives in our current tax code system. A major reason for that is the swarm of misconceptions surrounding…

Life is full of unexpected moments and changes that can have a dramatic effect on your life. Some may inhibit your ability to pay the money you owe the Internal Revenue Service (IRS). For filers…

The Tax Cuts and Jobs Act (TCJA), passed in 2017, eliminated or modified a number of provisions. However, in their place, the TCJA created new options to reduce taxable income or tax liability. Provisions related…

The passage of the Tax Cuts and Jobs Act (TCJA) in December 2017 instituted a new section of the Internal Revenue Code (IRC). Section 199A introduced the 20% qualified business income (QBI) deduction for certain…

With over 10,000 sales jurisdictions across the United States and the ever-increasing amount of online retailers, sales tax – especially across state lines – is a topic becoming more and more relevant. This holds true…