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Cryptocurrency-Savvy Tax Pros Fulfill a Niche Need
If you’ve been tracking the rise (and fall) of Bitcoin since before it began being publicly traded, you’re not alone: far from a flash in the pan, this decentralized cryptocurrency has gained a dedicated and expanding group of followers. And with more cryptocurrencies being created each day, this trend toward...
The U.S. Treasury's Response to State SALT Workarounds
The U.S. Treasury's Response to State SALT Workarounds The Tax Cuts and Jobs Act—which made some serious changes to the way taxpayers can deduct state and local taxes (SALT)—continues to make waves among high-tax states like New York, Connecticut, and Illinois. Although some of these states have already passed...
The Annual Filing Season Program Gains More Importance in 2018
The Annual Filing Season Program Gains More Importance in 2018 The congressional passage of the Tax Cuts and Jobs Act in December 2017 marked the biggest shift in federal tax law in several decades, and many preparers and taxpayers are still trying to figure out just how (and how much) this new tax law will impact...
What Should Tax Professionals Know About the Tax Cuts and Jobs Act?
What Should Tax Professionals Know About the Tax Cuts and Jobs Act? The 2017 Tax Cuts and Jobs Act (TCJA) made the most sweeping changes to tax laws in over three decades. But because of the intense Congressional negotiations leading up to the TCJA's passage, many taxpayers—and even tax...
How the Tax Cuts and Jobs Act is Increasing the Need for Specialized Tax Professionals
How the Tax Cuts and Jobs Act is Increasing the Need for Specialized Tax Professionals In late 2017, the Tax Cuts and Jobs Act (TCJA) significantly changed the landscape of U.S. personal, business, and international taxation. But the number of last-minute additions, deletions, and other amendments to this law left...
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