March 8, 2018 – “30% of Adjusted Taxable Income” – That is the new, very important, limitation that Congress has placed on the deductibility of…read more
On February 9, 2018 as part of the continuing resolution to fund the government through March 23rd, Congress extended some tax deductions and credits through…read more
February 14, 2018 – In 2015 Congress decided to “repeal and replace” the old tax audit regime for entities that file Form 1065 Partnership returns. And…read more
February 12, 2018 – As part of tax reform several changes impacting tax depreciation took effect on September 27, 2017. However, these changes are not…read more
February 7, 2018 – Many investors, especially more risk-averse ones, hold much of their portfolios in “income investments” — those that pay interest or dividends,…read more
February 6, 2018 – Have you suffered any recent property damages or thefts due to recent weather events/bad luck? You may be eligible to deduct…read more
February 5, 2018 – The Tax Cuts and Jobs Act, signed into law on December 22, 2017, makes a new tax credit available to eligible…read more
February 5, 2018 – Working from home has become commonplace. But just because you have a home office space doesn’t mean you can deduct expenses…read more
Continuing the Rebirth of Buffalo and Western New York One Sip at a Time January 5, 2018 – Buffalo and Western New York has always…read more
December 18, 2017 -The Senate and the House Conciliation Committee released their “final” version of the Tax Cuts and Jobs Act on Friday evening. The…read more
