According to thetaxadviser.com, the IRS will provide relief from late-payment penalties. Sec. 965 Treatment of deferred foreign income upon transition to participation exemption system of taxation. Sec. 965 required some taxpayers to pay a transition tax...
According to accountingtoday.com, although the Tax Cuts and Jobs Act (TCJA) provisions have been available for evaluation close to a year, taxpayers have had far less time to consider proposed regulations established to interpret...
Crypto and Fintech are currently the talk of the day in banking, but it is unusual to find them together into regular banking. This was the challenge faced from one of our clients when...
One of the real estate tax shelters created under the Trump tax reform is the tax deferral and reduced tax rate by investing on the program Qualified Opportunities Zones (QOZ), also enacted under the...
According to taxadviser.com the new tax reform has done some positive things for foreign-derived intangible income deductions for C corporations that sell services or goods to foreign customers. The tax rate on that qualifying...
December 22, 2017 marks the day of a lot of tax reform in the United States. It signed into law the Tax Cuts and Jobs Act (TCJA) and created a 10% tax that is...
Huge news for anyone in the crypto space as reported by Forbes.com. Crypto may very well be the way of the future and real estate may have just made it’s first official nod towards...
There is a difference between a member giving money to a LLC that’s classified as a partnership when it is in the form of a loan or a contribution. Both have very different tax...
According to the articles of Coindesk and Cointelegraph, the chief accountant for the Securities and Exchange Commission has said that companies have a responsibility to follow accounting standards when working with blockchain and digital...
Usually surprises are a great thing, and make people happy. Tax bills on the other hand, aren’t so lovely especially when you are in a position that prohibits your ability to pay the bill...
