Key Takeaways: The main tax carryovers that joint filers may… Read more »
Tax Carryovers When a Spouse Dies
Category: Tax
Converting a Personal Residence to Rental Property
As we have seen the real estate market fluctuate over… Read more »
Wealth and Tax Planning: The Perfect Combination
With tax filing season now in full swing, the team… Read more »
Grantor Trust … The Good and the Bad
One type of trust that has become more common in recent years is the Intentionally Defective Grantor Trusts. These trusts are treated as “grantor trusts” for federal income tax purposes under the federal tax code.
How to Determine if Your Business Has Sales Tax Nexus in a State
Following the landmark South Dakota vs. Wayfair Supreme Court decision… Read more »
New LBMC Shareholders Garmer and Hale
Announcing leader acquisitions to further strengthen commitment to private equity,… Read more »
Kentucky SALT Changes 2023: What You Need to Know
It’s a new year and with that comes changes to… Read more »
Do you owe TN sales tax on cloud-based software?
Cloud computing generally takes the form of “software as a service” (SaaS), which is the focus of this post, generally refers to the ability of a user to access software and/or to receive services provided remotely via the internet.
2023 Tax Preparation FAQs
To help you as you plan for your 2022 taxes,… Read more »
IRS announces new mileage reimbursement rates for 2023
The IRS has announced that the optional standard mileage rate used to calculate the costs of operating a car, van, pickup truck, or panel truck for business purposes in 2019 will be 58 cents per mile, up from 54.5 cents per mile in 2018.