Volume 2 Issue 3

Looking Forward: Tax Planning in the Wake of Tax Reform

Jul 16, 2018

The Tax Cuts and Jobs Act (TCJA) is the largest piece of tax reform legislation in the last three decades. While its full impact is yet to be felt in a number of areas, what’s obvious is that this overhaul of the U.S. tax code will have a far-reaching effect. There are a number of…

Tip of the Month: Interest Deduction Limitations

Newsletter, Volume 2 Issue 3

Jul 15, 2018

When you start making calculations for your 2018 tax bill, make sure you consider this new rule that limits interest deductions for businesses that finance their operations with loans. Under the tax reform law passed late last year, the deduction for business interest is limited to 30% of the company’s taxable income beginning in 2018….