Newsletters

May 28th

2019 Vehicle Depreciation Limits: The IRS has released the Section 280F depreciation deduction limits for passenger autos (including trucks and vans) first … Read More >>

May 14th

Income Tax—Related-party Transfers Didn’t Increase Basis in S Corporation Stock: The taxpayer held interests in various LLCs, partnerships, and S corpor … Read More >>

April 30th

IRS Issues FAQ Guidance on Negative Tax Basis Capital Account Reporting: The IRS has issued guidance in the form of an FAQ on the new negative tax basis cap … Read More >>

April 9, 2019

April 9, 2019: IRS Expands Penalty Waive … Read More >>

March 2019

March 12, 2019: Tax action memo on incr … Read More >>

February 2019

February 12, 2019 IRS Explains Effect of … Read More >>

January 2019

January 8, 2019: 2019 Standard Mileage R … Read More >>

December 2018

December 4, 2018 IRS Issues Proposed Reg … Read More >>

November 2018

November 6 Highlights: IRS Releases 2019 … Read More >>

October 9 Highlights: Business Travel Per Diem Rates: The IRS has released the 2018–2019 per diem rates for substantiating employee business expenses under IRC Sec. 274(d) for lodging, meals, and incidental expenses incurred while traveling away from … Read More >>

September 2018

September 11 Highlights: IRS Clarifies D … Read More >>

August 2018

August 7 Highlights: IRS Issues Final Charitable Contribution … Read More >>

July 2018

July 10 – Income Tax—Social Security Disability I … Read More >>

June 2018
June 5 - IRS to Propose Regulations on State and Loca … Read More >>

May 2018
IRS Releases Fact Sheet for New Depreciation and Expensing Rules: The IRS has released a fact sheet that highlights new depreciation and expensing rules from the Tax Cuts and Jobs Act (TCJA). Among other things, the maximum Section … Read More >>