Business Tax

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Nov 28th 2018
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For the first time ever, the Tax Cuts and Jobs Act (TCJA) imposes a limit on business interest deductions, effective this year. Now, the...
Nov 26th 2018
Recently, the IRS released Rev Proc 2018-44 , a Revenue Procedure that deals with the conversion of S corporations to C corporations under...
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In our last post , we provided a practical overview of leasehold improvement depreciation under Section 178 of the IRC. This overview...
A partnership is a business entity with two or more owners who “carry on a trade, business, financial operation, or venture and divide the...