Stay up to date on the latest in industry and GYF news. Subscribe to have the most recent posts delivered to you.
Read Bob Grossman’s article, “The Tax Cuts and Jobs Act and ESOP Valuations,” published in the October/November 2018 issue of Financial Valuation and Litigation Expert.
As reported in a previous post, the House Ways and Means Committee released three tax bills, referred to as “Tax Reform 2.0,” in late August. All three bills were approved
As we have posted previously, the Tax Cuts and Jobs Act (TCJA) made changes to the business expense deduction for meals and entertainment. The TCJA disallowed the deduction for expenses related
The new lease accounting standards will be most challenging for dual reporting companies that will need to maintain different processes, controls and accounting systems for each framework to comply with
With simplicity seemingly in the eyes of the beholder, the Internal Revenue Service (IRS) released the 100+ pages of Draft Instructions for the 2018 Form 1040, U.S. Individual Income Tax
The income tax provisions in the Tax Cuts and Jobs Act (TCJA) affecting individual taxpayers are temporary and, without further action by Congress and the “in-office” President, will revert to
The Tax Cuts and Jobs Act (TCJA), enacted on December 22, 2017, provides a new tax credit for tax years 2018 and 2019 to employers that provide paid family and
On September 10, 2018, House Republicans unveiled their “Tax Reform 2.0” legislative package, which has been anticipated following the enactment of the Tax Cuts and Jobs Act (TCJA) on December 22, 2017. The
The idea to index capital gains to inflation is not a new one. Largely supported by Republicans and criticized by Democrats, this issue has been argued by the legislative and
As has been discussed frequently in our posts, the Tax Cuts and Jobs Act of 2017 limited the amount of state and local taxes (SALT) deductible as an itemized deduction
A common planning strategy for reducing taxable income in a “regular” subchapter C corporation is through the payment of management fees and other charges to related entities (generally-pass-through enterprises or
For many Pennsylvania seniors, the property tax and rent rebate program has been an important tool in their financial planning. One of the inequities in computing the appropriate rebate has
