The Tax Cuts and Jobs Act (TCJA) contains many provisions which affect business and business owners.  Some of these changes are specific to certain circumstances or types of business.  The depreciation changes, however, may apply…

The Tax Cuts and Jobs Act (TCJA) was passed by Congress in a hurry late last year, and the IRS and tax preparers have been working to digest some of the more thorny issues created…

By now, the major provisions of the tax reform have been discussed in the media and most people are aware of things like the increased standard deduction, the limitation on the deduction for state and…

Alloy Silverstein’s Tax Tip of the Week The new Tax Cuts and Jobs Act (TCJA) includes significant changes for individuals and businesses alike, enhancing some tax breaks and eliminating or reducing others. One new provision…

What do you call those deductible expenses that don’t fit squarely into any other category? The IRS refers to them as “miscellaneous” expenses. If you qualify, you can deduct the excess above 2 percent of…

Alloy Silverstein’s Tax Tip of the Week The Tax Cuts and Jobs Act (TCJA) does much more for businesses than lower corporate tax rates. With careful planning, your small business may realize big tax benefits…

Though many taxpayers appreciate the income tax cuts in the Tax Cuts and Jobs Act (TCJA) passed late last year, others are skeptical that it will simplify their tax planning.   Let’s Talk Tax Reform…