IRS Issues New Guidance for 20% Qualified Business Income Deduction Including Addressing Rental Real Estate

Sales and Use Tax: Pennsylvania Adopts Economic Nexus

In response to the U.S. Supreme Court’s Wayfair decision, effective July 1, 2019, taxpayers that exceed the PA sales threshold of $100,000 must: –          Register for a license –          Collect, report, and remit sales tax Marketplace Facilitator: A...
IRS Issues New Guidance for 20% Qualified Business Income Deduction Including Addressing Rental Real Estate

Stephano Slack Announces Two Promotions

WAYNE, PA- JANUARY 15, 2019 – Stephano Slack, LLC, a leading regional accounting and consulting firm, recently announced the promotions of Ryan May and Matthew Kardish to senior accountant. “Both Ryan and Matthew have been with the firm for three years and quickly...
IRS Issues New Guidance for 20% Qualified Business Income Deduction Including Addressing Rental Real Estate

Delaware Creates Angel Investor Credit

The Angel Investor Job Creation and Innovation Act created a personal income tax credit for qualified investments in certain Delaware based small businesses. It is a refundable tax credit worth up to 25% of the investment. Qualified investors and high tech small...
IRS Issues New Guidance for 20% Qualified Business Income Deduction Including Addressing Rental Real Estate

Preparing for the Year End

As 2019 is beginning, there are several things clients can do to begin to prepare for the upcoming audit and/ or tax return request lists sent by their accountants.  Sometimes these lists can feel overwhelming and daunting but here are a few things clients can do...
IRS Issues New Guidance for 20% Qualified Business Income Deduction Including Addressing Rental Real Estate

IRS Remains Closed As Shutdown Continues

With no federal budget in place, the government shutdown continues, and the Internal Revenue Service (IRS) is one of the agencies most affected. In December, the IRS released a contingency plan for operations through the end of the year. Here’s a partial list of...
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