Along with tax rate reductions and a new deduction for pass-through qualified business income, the new tax law brings the reduction or elimination of tax deductions for certain business expenses.
Business owners often complain that they’re required to provide too many disclosures under U.S. Generally Accepted Accounting Principles (GAAP).
The number of taxpayers who itemize deductions on their federal tax return — and, thus, are eligible to deduct charitable contributions — is estimated by the Tax Policy Center to drop from 37% in 2
You’ve probably heard or read the term “big data” at least once in the past few years.
Rowland, Johnson and Company, P.A. merged with Maillie LLP on January 1, 2018.
"the manufacturers' deduction"
Although the drop of the corporate tax rate from a top rate of 35% to a flat rate of 21% may be one of the most talked about provisions of the Tax Cuts and Jobs Act (TCJA), C corporations aren’t th
Owners of private businesses often wonder: How much is my business interest worth? Financial statements are a logical starting point for answering this question.
Not-for-profit board officers, directors, trustees and key employees must avoid conflicts of interest because it’s their duty to do so.
For many years, owners of small and midsize businesses looked at outsourcing much like some homeowners viewed hiring a cleaning person. That is, they saw it as a luxury.