Selling Stock By Year End? Avoid the Wash Sale Rule.
How the rule works Under this rule, if you sell stock or securities for a loss and buy substantially identical stock or securities back within the 30-day period before or
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50% Deduction for Business Meals
The 2017 Tax Cuts and Jobs Act (TCJA) included a change to the meals and entertainment deduction and disallowed businesses to take the 50% for entertainment, amusement or recreation expenses.
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Charitable Contributions Through the Use of a Donor Advised Fund
A donor advised fund is a simple and potentially tax-advantageous way to donate to your favorite charities. The new tax law has effectively doubled the standard deduction, making it difficult
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Cash Method or Accrual Method?! And Why You Might Want to Consider a Change in Method of Accounting
One of the key takeaways from the Tax Cuts and Jobs Act passed in December of 2017, which took effect for 2018, was the threshold for requiring taxpayers to follow
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