IRS Assessing Employer Penalties Under the Affordable Care Act
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Tax Reform: The Tax Cuts and Jobs Act –
What you need to know, now
InsightQualified Improvement Property - Bonus Depreciation UpdateCongress intended that the Tax Cuts and Jobs Act (TCJA) would provide new rules for the treatment of Qualified Improvement Property (QIP).
Insight2019 Poverty Guidelines ReleasedThe U.S. Department of Health and Human Services (HHS) released new U.S. Federal Poverty Guidelines (FPG) which are used to determine financial eligibility for certain federal programs.
InsightThe District of Columbia Requires DC-Registered Not-for-Profits to Renew Tax ExemptionsStarting in 2019, the District of Columbia (DC) Office of Tax and Revenue (OTR) is mandating nonprofit organizations that claim tax-exempt status in DC must reapply for tax-exempt status through an online renewal process.
InsightConnecticut Imposes Convenience of the Employer TestFor taxable years beginning on or after January 1, 2019, compensation derived from Connecticut sources by a nonresident includes income from days worked outside the state for the employee’s convenience, but only if the nonresident’s state of domicile imposes a convenience of the employer test.
InsightImpact of Wayfair on the Cannabis IndustryOn June 21, 2018, the United States Supreme Court decided South Dakota v. Wayfair, Inc., 585 U.S. __ (2018).