by David Troost | Feb 27, 2019 | Business News
Interest Expense One aspect of the new tax law that has not received enough attention is the limitation of interest expense. It appears that this may affect a more robust number of businesses than originally estimated. The new Internal Revenue Code section 163(j)...
by David Troost | Jan 30, 2019 | Business News
Pass Through Entity A few years ago, the IRS audit regulations relating to partnerships were changed. The changes resulted in a more centralized partnership audit methodology and are effective for tax years beginning after December 31, 2017. The new audit methodology...
by David Troost | Jan 2, 2019 | Business News
Improve your Financial Health Here are some suggestions of actions you can take now to improve your financial health and reduce finance related stress in 2019: To prepare to file your 2018 income tax returns: • Put a folder or large envelope near where you open your...