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This article applies to partnerships that may have foreign activities or foreign partners. Abstract: The IRS recently provided information about, and copies of, two new…read more
In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing this,…read more
Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax bill on the gain is…read more
COVID-19 was a kind of disaster most not-for-profits weren’t prepared for. As your organization recovers from this unusual event, don’t let it become vulnerable to…read more
Are you in the early stages of divorce? In addition to the tough personal issues that you’re dealing with, several tax concerns need to be…read more
On December 22, just a few weeks following the passage of the Senate’s Tax Cuts and Jobs Act, the conference version of the bill was…read more
Strategies for Donating to Charity or Gifting to Loved Ones As we approach the holidays, many people plan to donate to their favorite charities…read more
The Inflation Reduction Act (IRA) includes a wide range of tax incentives aimed at combating the dire effects of climate change. One of the provisions…read more
Nebraska has adopted a new incentive act called “ImagiNE Nebraska Incentive Act”. This act will provide sales and use tax, personal property tax, and income…read more
You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax return? It’s possible but not…read more
EFPR Group, LLP has announced Maureen M. Rutecki, CPA, ABV, CFF, ASA, MBA has been appointed to the American Institute of Certified Public Accountants’ (AICPA)…read more
There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed to reduce or eliminate an extra…read more
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