Insurance Agent Termination Payments
A frequent question: what is the tax treatment of termination payments made to a retiring insurance agent?
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The Tax Professionals Blog · 458 articles
Tax Reform Waiver – Form 2210
Under pressure from members of Congress, the IRS agreed to provide relief from the underpayment of estimated tax penalty due to the chang...
Read moreKiddie Tax Non-Conformity
Under the Tax Cuts & Jobs Act (TCJA), and beginning in 2018, a child’s tax on unearned income is no longer based upon the parent’s ta...
Read moreNew Military Spouse State of Residence Election
The Veterans Benefits and Transaction Act of 2018, sponsored by Senator Jon Tester of Montana, became public law on 12/31/2018. Sec. 302...
Read moreRentals as Trade or Business for the 199A Deduction
One of the most difficult tasks tax practitioners are facing this tax season is the determination of whether their clients’ rentals rise ...
Read moreWhich Rental Real Estate Activities Qualify for the199A Deduction?
Regrettably, the most misunderstood issue for preparing taxes for 2018 could be the most significant - the issue of when a rental activit...
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