Ideas & Insights

Immediate and retroactive expensing of qualified improvement property creates tax saving opportunities for taxpayers.

Insurance companies seeking to make a change to the basis of computing certain reserves receive new automatic accounting method change.

Learn the valuation impacts resulting from the TCJA and its effect on business owners and investors assessment of ownership interests.

Companies should review the tax treatment of their M&E expenses to comply with the changes of expenses to 0%, 50% and 100% deductible.