Since its signing into law on December 22, 2017, the Tax Cut and Jobs Act has created a number of changes to the tax code, leaving many uncertain as to how the changes will impact [...]
Even before the new tax Act was passed in late 2017, depreciation in the Federal Tax Code had undergone a number of changes. Before the turn of the century, after making an improvement to a [...]
The Tax Cuts and Jobs Act included a number of changes to the previous tax code, particularly in relation to employee benefits. Beginning January 1, 2018, several changes in the taxability and deductibility of employee [...]
Signed into law on December 22, 2017, the sweeping tax reform enacted by President Donald Trump includes a number of provisions of particular interest to businesses. In particular, Section 199A Deduction for Qualified Business Income [...]
Sousa & Weber #69 on LABJ Top 100 Accounting Firms List In its February 12th, 2018 issue, the Los Angeles Business Journal named Sousa & Weber as one of the top 100 accounting firms in [...]
Deductibility of Entertainment Expenses Under Tax Reform The new Tax Reform Act enacted under President Donald Trump makes significant changes to the rules and limitations to the deductibility of entertainment and meal expenses for businesses. [...]
Tax Reform By now you have been inundated with media hype about the biggest tax reform law in over 30 years. When you file your individual 2018 tax returns — about a year from now [...]
Although it may sound ominous, the so-called “death tax” is not as unsettling as it might seem. The Tax Cuts and Jobs Act currently making its way through Congress includes a phase-out of the death [...]
Managing your own money is hard enough --- managing other people’s money on top of that may well turn into a giant headache. Handling the details and regulatory compliance issues associated with payroll can be [...]
Life is unpredictable, and sometimes there’s just not enough money to cover all your living expenses, including your income tax liabilities. Though government agencies are not exactly known for being understanding, if you’re in a [...]
