The Tax Exchange - December 2017
IRS extends the due date for 2017 Forms 1095-B and 1095-C
Employers required to file IRS Forms 1095-B or 1095-C for 2017 to report information about their workforce and health plans now have additional time to comply with some requirements.
Federal tax reform and the states: Conformity is key
With the passage of federal tax reform, both business and personal income taxpayers will need to consider how the federal changes will affect state law. Currently, state conformity to the federal tax code is as varied as the state names themselves, that is to say, state conformity must be observed on a state-by-state basis.
Pennsylvania provides guidance on the corporate NOL limitation
Understand the latest guidance from Pennsylvania regarding net operating losses, including how changes to the NOL limitation for the 2017 and later tax years must be taken into account as fourth quarter events.