Off-Season Tax and Investment Strategies for 2019

Since we’re heading into summer, you might think it’s a good time to sit back, relax, and not think about taxes. This is a great time for off-season planning, however! The memory of how well – or how poorly – tax season went is still fresh, and there is plenty of time to act on … Continued →

2018 Tax Changes – Meals and Entertainment

In the January edition of the Dental CPAs Newsletter, we listed 15 changes you will see because of the 2018 Tax Cuts and Jobs Act (TCJA). In this issue, we will explain how the tax treatment of Entertainment and Meals Expense has changed under the new law. Entertainment Prior to 2018 entertainment was treated as … Continued →

Tax Updates: Notice 2015-82

Increase in De Minimis Safe Harbor Limit for Taxpayers Without an Applicable Financial Statement Notice 2015-82 increases the de minimis safe harbor limit provided in § 1.263(a)-1(f)(1)(ii)(D) of the Income Tax Regulations for a taxpayer without an applicable financial statement (“AFS”) from $500 to $2,500. Notice 2015-82 will be published in Internal Revenue Bulletin 2015-50 … Continued →