Pass-through entities

These provisions of the Tax Cuts and Jobs Act offer practitioners big opportunities to help clients.

U.S. Treasury Department rules outlining which businesses structured as S corporations, partnerships and limited liability companies can claim a 20 percent tax deduction are likely to be delayed until the end of July, according to a senior administration official.

Thomson Reuters Checkpoint Catalyst has published an analysis of the new Section 199A qualified business income deduction for pass-through entities ushered in by the Tax Cuts and Jobs Act.

The Tax Cuts and Jobs Act may have lots of good news for taxpayers, but it also requires answers to a number of questions.

Jonathan Blattmachr, an estate planning lawyer, is such a fan of the strategy he’s created to help some of his wealthy clients get around the new property tax deduction cap that he’s using it himself.

The NAEA offers advice to help owners deal with both reform and their perennial tax burden.

One proven growth strategy is to offer more services to the same clients.

AMT question; voluntary use-tax; summer and taxes; and other highlights from our favorite tax bloggers.

A not-so-final frontier; summertime tax planning; small biz and reform’s impact; and other highlights from our favorite tax bloggers.

The 20 percent pass-through deduction could provide a major benefit for gig economy workers and the self-employed, but there are also some important caveats.

The blockchain gang; buying vs. leasing biz cars; real estate defined for Sec. 199A; and other highlights from our favorite tax bloggers.

Accountants may face their own Section 199A issues

Tax professionals are looking to the IRS for guidance on the new Section 199A.

Wall Street’s fast-money crowd is returning to well-trodden ground to elude Trump-era tax laws: Delaware.

With the passage of the sweeping tax overhaul, small businesses and entrepreneurs are scrambling to understand how the changes will affect them.

The deduction under new Code Sec. 199A comes with a host of calculations.