Tax Reform: Senate Bill vs House Bill
In the early hours of Saturday morning the Senate passed its version of tax reform. The House bill and the Senate bill will now go to conference committee to iron [...]
In the early hours of Saturday morning the Senate passed its version of tax reform. The House bill and the Senate bill will now go to conference committee to iron [...]
From the Desk of Michael T. McCormick The New Illinois Tax Hike Illinois budget legislation has been enacted over Gov. Bruce Rauner’s veto that increases corporate and personal income tax [...]
From the Desk of Lauran L. Stevenson Taxpayer Advocate Service Mid-Year Report to Congress This week’s post will introduce the Fiscal Year Objectives Report to Congress. This report presents a [...]
From the Desk of Lauran L. Stevenson Form 1099 – Not to be Ignored The difference between a 1099 and a W2 employee is how the monies and information on [...]
From the Desk of Lauran L. Stevenson Corporate Formalities Matter for LLCs There is a lot of misconception regarding Limited Liability Companies (“LLCs”). One of the most dangerous misconceptions is [...]
From the Desk of Michael T. McCormick President Trump’s New Tax Proposal President Trump outlined his new tax proposal on Wednesday that the Administration intends to submit to Congress. “Today [...]
From the Desk of Michael T. McCormick Tax Planning for the Donald Trump Presidency After a heated presidential election, the time is now to look forward and see what changes [...]
From the Desk of Lauran Corcoran It’s a Write-off, Right? Business Deduction Requirements and Rules, Part I It might sound silly, but the first step in determining the validity of [...]