Tax Changes Taking Effect January 1, 2019

Tax Policy – Tax Changes Taking Effect January 1, 2019 Champagne will flow, Auld Lang Syne will be sung, resolutions will be made (and soon forgot, and never brought to mind), and, in a handful of states, taxes will change. There is less January 1st...

The Impact of Tax Cuts on Arkansas Households

Tax Policy – The Impact of Tax Cuts on Arkansas Households The Arkansas Tax Reform and Relief Task Force concluded its work earlier this month, referring several tax changes to the General Assembly for its consideration in January when the legislative...

Sec. 199A: Questions and answers

IRS Tax News – Sec. 199A: Questions and answers Jeff Bilsky, CPA, senior practice leader for BDO’s national partnership taxation group, sat down recently for a question-and-answer session on guidance that has been issued on the Sec. 199A qualified business...

Charitable Deductions by State

Tax Policy – Charitable Deductions by State As the end of 2018 approaches, many Americans are considering making end-of-year charitable donations. While the new tax law contains many changes that will impact these decisions, we can look at Internal Revenue...

Government shutdown would halt many IRS operations

IRS Tax News – Government shutdown would halt many IRS operations A partial government shutdown at midnight on Friday would affect the IRS, which has not been fully funded for fiscal year 2019. Source: IRS Tax News – Government shutdown would...