Tag Archives: Tax Cuts and Jobs Act

Resources on IRS.gov Help All Taxpayers Understand Tax Reform

The following article was published by the IRS. IRS.gov is a great place for taxpayers to visit when they have questions about the Tax Cuts and Jobs Act. The legislation, which was passed late last year, includes changes to many … Continue reading

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Like-Kind Exchanges – Real Estate Tax Tips

The following article was published by the IRS. Like-kind exchanges — when you exchange real property used for business or held as an investment solely for other business or investment property that is the same type or “like-kind” — have … Continue reading

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IRS issues notice on state and local tax deductions

The U.S. Department of the Treasury and the Internal Revenue Service have stated that proposed regulations will be issued addressing the deductibility of state and local tax payments for federal income tax purposes. Notice 2018-54 also informs taxpayers that federal … Continue reading

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