Archive for March 2018
Buying & Selling Similar Properties? How to Defer Taxes on Like-Kind Exchanges
Ben, an investor in real estate, is curious about taxes on like-kind exchanges. He just finished renovations on an industrial building he has owned for years, transforming it into a modern, attractive office space. Like most real estate speculators, Ben doesn’t plan on retiring after this project is sold. In fact, he wants to invest…
Read MoreForensic Accounting Outlook: Bringing Life to Numbers While Fighting Crime
The forensic accounting outlook remains positive as demand continues to increase. Learn more with Nicole Ponziani, a senior forensic analyst at Aprio.
Read MoreSales Engineers in Manufacturing Are a Best-Kept Secret for R&D Tax Credit
Industrial manufacturers that employ technical sales engineers might be unaware they can take advantage of the R&D Tax Credit. A sales engineer sells technologically and scientifically advanced products and services for which extensive knowledge of related processes and applications is necessary. Think diagnostic medical equipment, industrial machinery and engineering design services Manufacturers often don’t realize…
Read MoreSuccess Story: A bold housing vision pays off in Atlanta
Centennial Place is one of Atlanta’s most prized commercial properties and a groundbreaking model for urban community development. It features more than 700 mixed-income rental units and 40 mixed-income for-sale townhomes made possible through mixed financing. But, on that site, a crumbling housing project in an unsafe neighborhood once stood. It’s been more than 20…
Read MoreForming a PAC: The Relationship Between Associations and Politics
Advocacy work is an important part of most associations. Executive leaders and staff members of associations frequently spend time meeting and educating congressional members on the issues important to their members. Being able to contribute to a Congressional member’s campaign provides a higher level of access and awareness for the association’s mission. Many associations form…
Read MoreRestaurant Fund-Raising Events: How to Find the Right Nonprofit to Support
Restaurants are givers – with 94 percent making charitable donations totaling $3 billion a year, the National Restaurant Association says. Whether it’s sponsoring restaurant fund-raising events after a disaster or contributing to the needy regularly, restaurants are known for stepping up and helping their communities. But the requests can be overwhelming, and it’s hard to…
Read MoreNew Budget Agreement Brings Additional Tax Changes
Shortly after the Tax Cuts and Jobs Act (TCJA) swept in changes to federal tax rules, Congress passed more legislation that will affect many taxpayers. The Bipartisan Budget Act of 2018 (BBA), which President Trump signed into law on Feb. 9, contains tax-related provisions that could reduce the amounts some taxpayers owe for the 2017…
Read MoreHome Equity Borrowers Get Good News from the IRS
Passage of the Tax Cuts and Jobs Act (TCJA) in December has led to confusion over some of the changes to longstanding deductions, including the deduction for interest on home equity loans. In response, the IRS has issued a statement clarifying that the interest on home equity loans, home equity lines of credit and second…
Read MoreForget Debt? Maybe Not Yet: How to Grow without Full Business Interest Deduction
Manufacturers and other companies that traditionally rely on debt as a growth strategy need to consider new approaches, now that the business interest deduction has been slashed. Before recent tax reform, the business interest deduction was 100 percent. Now it’s just 30 percent of a company’s adjusted taxable income, which is computed in a way…
Read MoreTax Reform
On-Demand Webinars Aprio recently hosted a series of breakfasts and webinars on the Tax Cuts and Jobs Act and its impact on businesses and individuals. If you were unable to join us for one of these live events, we invite you to view our sessions on demand.
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