Tax Planning Alert: Having too Many Losses will Hurt You
The 2017 Tax Cuts and Jobs Act made several very significant changes. One of the strangest is that a taxpayer can deduct no more than $500,000 of losses from Partnerships, S-Corporations, and rentals ($500,000 married
Pease & Associates CPAs is recognized in the TOP 300 Accounting Firms
CLEVELAND, OHIO, UNITED STATES OF AMERICA, August 13, 2018 /EINPresswire.com/ — IPA Releases Ranking of Top 300 Firms – Transformative change is moving across the profession like a reverse ripple on a pond – embraced
TO C OR NOT TO C – SHOULD YOU BE A C-CORPORATION?
This issue of Tax Talk provides you with a quick reference chart on whether you should be a C-corporation based upon the Tax Cuts & Jobs Act of 2017. To download a pdf of this
Structuring loans for S corp. shareholder basis planning opportunities
S corporation shareholders confront limitations in the amount of passthrough entity losses they may deduct from income. Understanding how basis is accurately calculated and what qualifies as shareholder basis against which to deduct passthrough losses
Brent Grover Joins Pease, CPAs in Innovative Leadership Role
May 1, 2018 – Cleveland, OH. Pease & Associates, CPAs announces an innovative alliance with Brent Grover, formerly of Evergreen Consulting LLC. In this new role for the firm, Grover will be providing leadership and
Tax Talk – The New Depreciation Rules
This issue of Tax Talk focuses on the new depreciation rules of the Tax Cuts & Jobs Act of 2017. Click here to download the reference chart.
Tax Talk – Interest Expense Limitation
This issue of Tax Talk focuses on the interest expense limitations of the Tax Cuts & Jobs Act of 2017. Click here to download a reference chart on how to apply these interest expense limitations.
Tax Talk – 20% Deduction
This week’s Tax Talk is focusing on the new 20% Deduction available through the Tax Cuts & Jobs Act of 2017. We have put together a reference chart on on how to determine eligibility. To
Tax Talk – New Tax Law Meals & Entertainment Expense Update
With the new Tax Law (Tax Cuts and Jobs Act) there have been several changes with meals & entertainment (M&E) expenses. Click here to download the M&E chart
Tax Cuts and Jobs Act 2017 Webinar
On Thursday, February 8th, Pease & Associates, CPAs’ Tax professionals conducted the first “Tax Talk” webinar to examine the recent Tax Cuts and Jobs Act 2017. They provided insights on how this new tax reform
