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Tax Reform

$5 Billion Federal School Voucher Plan Advances, But Faces Steep Opposition in Senate

A proposed $5B federal voucher program is gaining traction in Congress—but it’s not law yet....

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Understanding the Proposed Tax Legislation: A Cautionary Approach to Tax Planning

In recent months, legislative activity in the U.S. House of Representatives has spurred considerable...

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The IRS Is Tackling Tax Evasion With AI

As the IRS meets the intersection of technology and tax compliance, artificial intelligence is becoming...

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Where is Estate Tax Going in the Future?

The Tax Cuts and Jobs Act (TCJA, often referred to as tax reform) generally became effective in 2018...

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Disaster-Related Tax Losses May Be Less Than Expected

The late-2017 tax-reform package changed the rules for personal casualty losses, which now are only deductible...

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Is It Time for a Payroll Tax Checkup?

Was your 2018 federal tax refund less than normal, or – worse yet – did you actually owe tax despite...

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Get Those Kids a Job, and Take Advantage of Tax Breaks

Children who are dependents of their parents are subject to what is commonly referred to as the kiddie...

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States' SALT Deduction Workarounds Shot Down

The Treasury Department and the IRS have essentially shot down efforts by several states to help their...

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Employees' Fringe Benefits after Tax Reform

Tax reform made a lot of changes, some of which impacted employees’ fringe benefits. This article reviews...

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Tax Reform Muted the AMT: Holders of Incentive Stock Options, Take Note

Although Congress, as part of the recent tax reform, promised to do away with the alternative minimum...

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Defer Gains with Qualified Opportunity Funds

If you have a large capital gain from the sale of a stock, asset, or business and would like to defer...

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Disappointed in Your Tax Refund?

If your tax refund is less than you anticipated, you are not alone. In a report issued by the Treasury...

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