Today, you will read, watch, and hear things about the… Read more »
In Times of Uncertainty in the Economy, Do These 5 Things
Service: Tax
Offering extensive tax expertise to both businesses and individuals.
Electric Vehicle Tax Credits and the Future of the Automotive Industry
One highlight of the recently passed Inflation Reduction Act of… Read more »
LBMC Announces Key Talent Acquisitions in High Net Wealth, International Tax
New Leaders from Missouri, Canada Align with Firm’s Growth and… Read more »
The Inflation Reduction Act of 2022
Key Points The Inflation Reduction Act of 2022 contains several… Read more »
What Are NFTs and How Can Businesses Benefit?
Non-fungible tokens (NFTs) are rising in demand, and some brands… Read more »
Livestock – Depreciate? Inventory? Sell?
Livestock held primarily for sale by for-profit farmers must be included in inventory. However, livestock held for draft, breeding, or dairy purposes can either be included in inventory or depreciated. Learn more.
Stock Splits, Explained
Imagine selling slices of a large pizza. You can cut… Read more »
IRS Extends Deadline for Relief to Five Years Following Decedent’s Death
Announcement Results in Substantial Estate Tax Relief for Surviving Spouses… Read more »
Bonus Depreciation Changes Coming in 2023
TCJA allows 100 percent expensing of short-lived capital investments for 5 years, then a 20-percent phase-down schedule over the subsequent five. Learn more.
Net Investment Income Tax (NIIT): Taxpayer Burden After TCJA
Despite borrowing massive amounts of money, the government still needs… Read more »