Tax & Accounting Blog
Tax & Accounting Blog
The IRS is sending information request Letter 5699 to Applicable Large Employers (ALEs) seeking information on why they are not current with their employee health…
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Forms 1065 and 1066 do not require the partnership representative’s TIN, according to a supplement added to the Form 1065 instructions. The new centralized audit…
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States differ in how they treat the federal net operating loss deduction on state corporate income tax returns. The variety of state approaches can make…
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A partnership may elect to expense property under IRC §179 only if the partnership uses the property predominantly (more than 50%) in the active conduct…
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The impact of the newly designed 2018 federal Form 1040 on corresponding state individual income tax returns varies. Taxpayers may not see many changes to…
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The Trump administration is seeking comments on regulations that make it easier for employers to continue offering grandfathered health plans. The Affordable Care Act (ACA)…
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Individuals and tax return preparers have to contend with six new schedules as they file Form 1040 returns. The newly-organized 2018 Form 1040 is smaller…
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States across the country are throwing a sin tax party and the guests of honor are vaping, recreational marijuana, and sports betting. Each of these…
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Tax treatment of retirement, pension, and Social Security income varies widely from state to state. a question a growing number of baby boomers who are…
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A Wyoming sales and use tax exemption has been authorized for broadband internet service infrastructure. Broadband Internet Service Exemption Sales of equipment to a telecommunications…
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