White House Remains Focused on a Second Tax Reform Package

Posted · Add Comment

The White House and Republicans in Congress continue to discuss a second round of tax reform, according to National Economic Council Director Larry Kudlow, the President’s top economic advisor. Mr. Kudlow made his comments in an April 5 interview, noting that the President and House Ways and Means Committee Chairman Kevin Brady (R-TX) spoke earlier in the […]

Finance Pros Share Tips for Evaluating ERP Systems

Posted · Add Comment

To provide companies going through an ERP evaluation with some perspective, NetSuite reached out to the finance professionals of leading SMBs (also NetSuite customers) and asked them to share their thoughts and advice on the process with others considering solutions. Read the whitepaper to see what they told us. Contact the ERP Solutions Group to […]

Tax Court Disallows Charitable Deduction of Remainder Interest

Posted · Add Comment

In a very significant case, the United States Tax Court found that a limited liability company (LLC) was not entitled to a charitable contribution deduction for the donation of a remainder interest in real property because it failed to adequately substantiate its claimed deduction. The Form 8283 (appraisal summary for noncash charitable contributions) the LLC […]