Nov 30, 2020Sec. 1031 Like-Kind Exchange Final RegsThe IRS has issued final regs related to Section 1031 like-kind exchanges. In a nutshell, a Sec. 1031 like-kind exchange allows taxpayers...
Nov 12, 2020Additional First-Year Depreciation DeductionsThe IRS has released guidance regarding additional first-year depreciation deductions for certain depreciable property a taxpayer...
Oct 5, 2020Final Regulations for Meals & Entertainment ExpenseThe IRS has issued final regulations on the business expense deduction for meals and entertainment. The Tax Cuts and Jobs Act generally...