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Learn MoreWe were fortunate to have so many great speakers at Cohen & Company’s CPE 360 event this year, which we host annually for our private company clients. Below are just a few of the interesting highlights I walked away with that I think are worth sharing. 1. Your email is the doorway for...
Read MoreThe Tax Cuts and Jobs Act (TCJA) of 2017 changed individuals’ tax return filings, from 2018-2025, in some significant ways: $10,000 cap on the state and local tax deduction Qualified Business Income Deduction (Section 199A) Qualified Opportunity Zone program Kiddie tax...
Read MoreWith the Tax Cuts and Jobs Act (TCJA) in full swing, and the release of many final regulations regarding TCJA provisions this past year, businesses can begin taking advantage of tax savings or tax deferrals with clearer guidance. The good news is there is still plenty of time until December 31 to...
Read MoreThe IRS has released final regulations and another round of proposed regs for the first-year 100% bonus depreciation deduction. The Tax Cuts and Jobs Act (TCJA) expanded the deduction to 100% if the qualified property is placed in service through 2022, with the amount dropping each subsequent year...
Read MoreIn this installment of our “M&A Essentials” series — offering a fundamental understanding of the concepts, issues and processes every business owner should be familiar with when considering and conducting the sale of a business — we focus on the nuts and bolts of each stage in the sale...
Read MoreWhy is automation such a buzzword these days? It all comes down to the fact that the way we work is changing. In fact, the nature of work itself is changing. Old jobs are disappearing, and new ones are constantly being created. Two major drivers of this seismic shift in the employment landscape are...
Read MoreIn addition to the fiscal distribution requirements that govern Regulated Investment Companies (RICs) under Internal Revenue Code (IRC) Subchapter M, all RICs are required to comply with the excise tax rules under IRC Section 4982. The excise tax rules are intended to accelerate payment of tax to...
Read MoreEarlier this year, the IRS published a proposed safe harbor giving owners of certain rental real estate interests the opportunity to take advantage of the qualified business income (QBI) deduction. The QBI write-off was created by the Tax Cuts and Jobs Act (TCJA) for pass-through entities. The IRS...
Read MoreThe IRS and Treasury issued final regulations on October 4, 2019, that changed the rules on deficit restoration obligations. In short, the regulations address when a partner can, or cannot, disregard the obligation to restore their deficit balance in a capital account. In particular, the regulations...
Read MoreNot-for-profit entities are constantly telling their story — whether to raise funds, recruit talent or comply with regulatory requirements. Financial information often makes up a large portion of that story, but nonfinancial information related to the organization’s mission and its impact in the...
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