50% Meals and More: Digesting the Latest TCJA Update
Posted by Margaret Amsden on January 2, 2019
Margaret Amsden
Those planning to discuss business at the next tailgate, or talk shop over eighteen holes with the intention of writing off the expense on this year’s tax return, need to think again. In the IRS’s latest notice on the Tax Cuts and Jobs Act (TCJA), changes to Internal Revenue Code (IRC) Section 274 regarding meals & entertainment, entertainment expenses are strictly off the menu.
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Before Celebrating the New Pass-Through Deduction, Know if it Will Benefit Your Business, CPA Advises
Posted by Clayton & McKervey on September 21, 2018
Clayton & McKervey has noticed business owners’ enthusiastic response to the newly enacted Internal Revenue Code (IRC) §199A or the “pass-through deduction,” as part of the Tax Cut and Jobs Act (TCJA) that became law in December 2017.
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Tips for a Good Year-End Inventory Observation
Posted by Julie Killian on October 5, 2016
As business processes become more complex, the balance between the efficiency and effectiveness of operational procedures becomes more critical to examine. With the calendar year-end …
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Tips for a Smooth Audit
Posted by Julie Killian on September 14, 2016
Whether preparing for a first-year audit or looking to simplify the existing audit process, there are proactive steps a company can take to have a smooth …
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