Summing It Up

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Topic: 2018 Tax Reform

SALT Deduction Limit: Avoiding the $10,000 Federal Limitation in New York
By Don Warrant, CPA on September 17, 2021

SALT Deduction Limit: Avoiding the $10,000 Federal Limitation in New York Effective for tax years beginning on or after January 1, 2021, The New York State pass-through entity tax (PTET)...

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How Does Opportunity Zone Business Investment Work?
By Don Warrant, CPA on June 24, 2019

A discussion of Qualified Opportunity Fund (QOF) benefits, eligibility requirements, and action steps The Tax Cuts and Jobs Act of 2017 (TCJA) created a new tax incentive program for...

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Siemer Milling Company v. Commissioner: Siemer Down! It Wasn’t All Bad for the R&D Tax Credit
By Joe Burwick, CPA on May 28, 2019

April 15 is usually a happy day for tax practitioners and taxpayers alike. April 15, 2019 was not a happy day for Siemer...

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Speaking Out on Key Changes for Businesses in the Tax Cuts and Jobs Act
By Freed Maxick Tax Team on March 21, 2019

Listen to Freed Maxick tax directors describe the “must know” news for business owners There are a significant number of new rules and opportunities for business of all kinds and sizes to...

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“Small” Business Gets Bigger After TCJA: How a Change to Cash Method of Accounting Could Save Qualifying Businesses Money

Advantageous Tax Accounting Method After Tax Reform May be Available The Tax Cuts and Jobs Act of 2017(TCJA) included many headline-grabbing changes for businesses like the lower corporate...

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Tax Reform’s Impact on the Federal Historic Tax Credit
By Leanne Kemmer, Tax Consultant on January 10, 2019

Real property owners and developers often consider the federal Historic Tax Credit (HTC) when evaluating whether to acquire and...

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