Flow-through taxes for S corporations will be a whole lot different for 2018 than they were for 2017, warns Vicki
...Continue readingPass-Through Corporations Could See Big Benefits from 2017’s Tax Bill
S corporations with pass-through income tax filings were a special focus of the tax bill which passed last year. But
...Continue readingTax Changes Could Offer a Boost to Bettors
The much-debated tax plan passed by Congress in December will impact every American—including gamblers. Most states now have some form
...Continue readingNew Mortgage Servicing Rules Focus on Foreclosures, Communications
The Consumer Financial Protection Bureau (CFPB) implemented changes to its new Mortgage Servicing Rule in mid-October, and the updates affect
...Continue readingWhat to Do When the IRS Investigates Your Client
Your clients’ chances of being audited by the IRS are, by many estimates, nearing historic lows. But that does not
...Continue readingHigh-Tax States Like California Warily Eye Federal Tax Overhaul
The Republicans’ proposed tax overhaul has received plenty of criticism, but some of the fiercest complaints have come out of
...Continue readingFeds Fiddle with Tax Plan While States Repeal Estate Tax
While the federal government wrestles with what to do with the estate tax, many states are quietly forging their own
...Continue readingEmployee Misclassification Errors Growing With Gig Economy
America’s burgeoning gig economy is changing the paperwork landscape for businesses. CPAs, enrolled agents, finance and accounting pros, accounting and
...Continue readingLoan Origination Compensation: Pay Is Up, and So Is Scrutiny
Loan officers get paid more when they work for independent mortgage bankers than when they work for banks, according to
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1031 Exchanges Can Save Capital Gains Taxes—When They Are Done Right
A slew of unusual and complicated 1031 exchanges around America are helping to transform urban landscapes. A successful 1031 exchange
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