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Thanks to the Tax Cuts and Jobs Act (TCJA), enacted on December 22, 2017, small businesses with average annual gross receipts of $25 million or less in the prior three-year
NetSuite’s cloud-based financial management system can help financial professionals eliminate the headaches of closing the books at period-end and enjoy the benefits of continuous accounting, which aims to distribute the finance
The IRS has recently issued guidance on Sec. 199A- Deduction for Pass-Through Entities. Read the Tax Alert for more details.
An exceedingly meaningful business incentive added by the Tax Cuts and Jobs Act, enacted on December 22, 2017 by President Trump increased the amount of qualifying fixed asset acquisition costs
Sarah Brasili B.S., Financial Accounting – University of Pittsburgh MAcc Student – Duquesne University I can vividly remember my first day at Grossman Yanak and Ford LLP (GYF). That morning,
Trevor Tuxill Accounting – Grove City College Coming into this internship, the GYF HR Director told us a number of things to help prepare us for the experience, but one
Republican members of the House of Representatives’ Ways and Means Committee and the Trump Administration are working together to develop a “Tax Cuts 2.0” outline similar to the “framework” that
IRS Reiterates Its “Prepaid Property Tax” Position for NJ Under the Tax Cuts and Jobs Act (TCJA), enacted on December 22, 2017, a taxpayer’s itemized deduction for state and local
One of the more complex matters facing state budgets is how best to deal with the largess of the federal government’s business incentives included in federal tax legislation. There is
Few consumers have paid all required sales taxes on taxable goods purchased from out-of-state vendors, especially when those items have been purchased from sellers on the internet. While most states
Practitioners and taxpayers alike continue to try and assimilate the many changes to the Internal Revenue Code that were enacted into law under the Tax Cuts and Jobs Act (TCJA)
ASU 2017-07 addresses clarity and consistency issues and will impact pension and postretirement plans. Public entities should adopt this update for fiscal years beginning after December 15, 2017. Nonpublic entities must
