by GPwebsiteV3! | Mar 27, 2018 | Business, GP Articles, Tax, Tax Reform
In our earlier installment about How Tax Reform Affects Owners of Commercial Real Estate, we covered some of the basic changes to tax law brought about by the Tax Cuts and Jobs Act (TCJA), which is the most extensive piece of tax legislation in over 30 years. This...
by GPwebsiteV3! | Mar 14, 2018 | GP Articles, Tax, Tax Reform, Uncategorized
The Tax Cuts and Jobs Act (the Act) ushered in significant tax reforms for both individuals and businesses with its passage last December. Most of these changes take effect in 2018, and their impact will be seen and felt immediately. One of the provisions of the Act...
by GPwebsiteV3! | Mar 7, 2018 | IRS, Tax
The IRS announced it will be releasing regulations clarifying limitations around carried interests in S corporations in light of the new tax law. For more information, please visit the link to the IRS website below:...
by GPwebsiteV3! | Mar 5, 2018 | IRS, Tax
The IRS recently advised taxpayers that in many cases, the interest paid on their home equity loans is still deductible under the new tax law. For more details, please visit the link below:...