News
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November 26, 2018
IRS Issues Proposed Regulations on New Business Interest Expense Deduction Limit
Deduction for business interest expense is generally limited to the sum of a taxpayer's business interest income, 30 percent of adjusted taxable income and floor plan financing interest.
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November 21, 2018
The two big reasons there really might be a recession in 2020
Corporate debt is the new subprime.
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November 20, 2018
Making large gifts now won’t harm estates after 2025
The TCJA temporarily increased the BEA from $5 million to $10 million for tax years 2018 through 2025, with both dollar amounts adjusted for inflation.
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November 19, 2018
Like-kind exchanges now limited to real property
To report a like-kind exchange, taxpayers must file Form 8824, Like-Kind Exchanges, with their tax return for the year the taxpayer transfers property as part of a like-kind exchange.
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November 15, 2018
Some Taxpayers Expected to Lose Out Under New Tax Law
Who will be hit hardest on their taxes?
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November 15, 2018
Three Legal Provisions Real Estate Investors Need To Understand
Before signing on the dotted line and funding, investors should focus their efforts on reviewing a few key provisions.
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November 14, 2018
Amazon’s New York Home Qualifies as ‘Distressed’ Under Federal Tax Law
Amazon officially announced that it will put a major corporate outpost in the New York neighborhood of Long Island City.
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November 7, 2018
U.S. Stocks Poised to Climb After Midterms
Investors say the U.S.-China trade spat matters more for world markets than the midterms.