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Final regulations govern Sec. 965 transition tax

  • January 17, 2019

The Internal Revenue Service has finalized proposed regulations issued in August on the new transition tax, added by the law known as the Tax Cuts and Jobs Act, which generally taxes a corporation's accumulated post-1986 deferred foreign income.

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TCJA provides new opportunities for planning

  • January 7, 2019

The Tax Cuts and Jobs Act has created new opportunities for CPAs to provide value to clients, writes Sid Kess, CPA. Among other things, advisers can offer guidance as clients decide which business structures to use, whether to relocate and how to maximize the tax benefits of charitable contributions.

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Sec. 199A: Questions and answers

  • December 26, 2018

Jeff Bilsky, CPA, senior practice leader for BDO's national partnership taxation group, sat down recently for a Q&A session on guidance that has been issued on the Sec. 199A qualified business income deduction.

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