On March 27, 2020, Congress passed the Coronavirus Aid, Relief,… Read more »
CARES Act Summary – Relief and Liquidity
Service: Federal Business Tax
We will work closely with you to understand your federal business tax issues and strategies necessary to meet your business goals.
Hemp-Derived CBD Industry: Key Elements and Tax Considerations
If you drive down any commercial district, you will see… Read more »
Section 199A Deduction for Pass-Through Businesses
The Tax Cuts and Jobs Act (TCJA) was passed on… Read more »
Meals and Entertainment Deductions — Changes in IRC § 274
LBMC’s tax team has put together this reference chart as a tool to help you navigate the changes to the meals and entertainment deduction.
7 Frequently Asked Questions about Revenue Recognition
Guide Contents: When is the new standard effective? What does… Read more »
Section 199A Rental Real Estate Activity Safe Harbor
The taxation of passthrough income was among the many areas… Read more »
Revenue Recognition Standards 101
Revenue recognition accounting standards drastically changed for middle market nonpublic businesses, effective January 1, 2019, for those with a calendar year-end. What do we need to do to comply with these changes, and how do we get there? Read the article to find out.
Sexual Harassment and Abuse Settlements Not Tax Deductible with NDA
Two sentences in the 2017 Tax Cuts and Jobs Act could have significant ramifications for healthcare employers when it comes to workplace sexual harassment and sexual abuse settlements.
Accountable Plans Can Save You Taxes
This article discusses the basics of accountable plans. What are the requirements? What are the alternatives? How do you set up an accountable plan? Read this article for Accountable Plans 101.
Healthcare and the R&D Tax Credit Go Hand-In-Hand
Due to the high-volume of innovation and disruption in the healthcare industry, R&D tax credit opportunities may arise when least expected.