IssuesWatch Podcast

Final Regulations Issued on New Qualified Business Income Deduction

Posted: January 18, 2019
​The Treasury Department and the IRS have issued final regulations and three related pieces of guidance, implementing the new qualified business income (QBI) deduction (section 199A deduction).

Beyond Section 199A: Other TCJA Tax Changes

Posted: January 18, 2019
While the Section 199A deduction has overshadowed many of the other various federal tax changes — as it should, it’s a pretty big deal — let’s not forget about additionally important business and individual provisions that will affect just about everyone.

Effective Structuring in 2019 to Avoid SALT Exposure

Posted: January 8, 2019
Effectively evaluating and monitoring changing state tax benefits and detriments is becoming vital rather than optional as the business tax climate in all states becomes more demanding and complicated.

Understanding Section 199A

Posted: January 8, 2019
While the addition of a SALT deduction limitation in the Tax Cuts and Jobs Act hurt many taxpayers, the new Section 199A deduction may create a more favorable tax outcome for some. Learn the basics.

The Classification of Workers in the Era of Tax Reform

Posted: December 7, 2018
In an effort to prevent the misclassification of workers, the government employs a multi-faceted approach. How big is the employee misclassification problem today, and what is the government currently doing about it?

New Streamlined 1040 Tax Form for 2019 Is Not So Simple

Posted: September 28, 2018
The Internal Revenue Service’s decision to streamline the 1040 tax form for the 2019 tax filing season is leaving some taxpayers as well as certified public accountants (CPAs) with more work. Read to find out more.