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Immediate Actions Needed by Retirement Plans to Comply with the SECURE Act of 2019

On December 20, 2019, the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) became law. The SECURE Act…

WilkinGuttenplanJanuary 14, 2020

Articles Business Tax Tax Services

2020 Mileage Rates for Business, Medical, and Moving Announced

In December 2019, the IRS released the 2020 optional standard mileage rates to be used by taxpayers to compute deductible…

WilkinGuttenplanJanuary 6, 2020

Articles Individual Tax Tax Services Tax Talks Blog

Year‐End Tax Savings For Businesses

It is hard to believe that 2019 is already coming to an end, but as a business owner, it is…

Melisa SirakDecember 27, 2019

Articles Estate and Trust Multimedia Tax Services

Did You Know? “Tuition Gifting” Rule

https://www.youtube.com/watch?v=SPZnRMzXfy8 Each year, an individual can gift up for $15,000 (“annual gift exclusion”) per donee for 2019 and 2020 without…

Brian GeisslerDecember 20, 2019

Articles Tax Law Resources Tax Services

California to Selectively Conform With Several Provisions from the TCJA

Summary California recently enacted a bill as part of the budget package for the fiscal year 2020. Called the “Loophole…

WilkinGuttenplanDecember 9, 2019

Articles Real Estate Tax Law Resources Tax Services

QOZ’s vs. 1031 Exchanges – Which is Better for Real Estate Investments?

When the Tax Cuts and Jobs Act was passed, a new tax deferral vehicle was created where taxpayers could defer…

Len NittiNovember 26, 2019

Articles International Commerce Group International Tax Tax Services

IRS Announces Focus on Section 965 Non-Compliance

On November 4, 2019, the IRS Large Business and International (LB&I) Division announced its recent campaign regarding promoting the IRC…

April PengNovember 11, 2019

Tax Services Tax Talks Blog

Passport Revoked Due to Tax Debt?

In January of 2018, the IRS began pursuing individuals who owe seriously delinquent tax debts. In general, these types of…

Robert PalentcharOctober 30, 2019

Articles State and Local Tax Tax Services

Update on California Competes Credit Application Periods for Fiscal Year 2019-2020

Remaining California Competes Credit Application Periods for Fiscal Year 2019-2020 January 2, 2019, through January 21, 2019 ($75 million available)…

WilkinGuttenplanAugust 28, 2019

Articles State and Local Tax Tax Services

One Year Later, Effects of Wayfair Still Unraveling

The impact of the U.S. Supreme Court’s decision in South Dakota v. Wayfair, now over a year since it was handed…

WilkinGuttenplanAugust 28, 2019

Tax Services

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