One outcome of the Tax Cuts and Jobs Act (TCJA) is the increased scrutiny by the IRS of S corporations and their shareholders with regard to certain tax liability issues. Specifically, the...

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The Tax Cuts and Jobs Act (TCJA) of 2017 reduced tax rates for most individuals, introduced a new deduction for owners of sole proprietorships and pass-through entities, increased the...

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Trust Residency Rules: Supreme Court Limits State Ability to Tax Trust Income The U.S. Supreme Court has ruled against a North Carolina law that attempted to collect income tax from a...

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As is typical throughout the tax year, some states change their tax rates and their apportionment ratios and methods. Calendar and fiscal taxpayers alike are affected by the changes. And...

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As scamming tactics become more sophisticated even knowledgeable taxpayers can get scammed With taxes on everyone’s mind this time of year, it’s not surprising that this is also a...

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Almost all qualify for amnesty, but failure to file means significant additional penalties. New Jersey is administering a tax amnesty program that runs through January 15, 2019....

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