Ideas & Insights

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

A review of the most common benefits offered to employees, that are contained, as well as those that are not included in the TCJA.

Section 4968 imposes an excise tax on an applicable institution for each taxable year equal to 1.4 percent of the net investment income.

The IRS and the U.S. Department of the Treasury have released Notice 2017-73, outlining proposed guidance on donor advised funds.