CPA-HQ Articles and Podcasts

Do a little research and learn something new on CPA-HQ. Our articles are written by the accounting and tax professionals at Hawkins Ash CPAs. Our CPAs and staff are committed to providing relevant and accurate information to help individuals, businesses and organizations keep on track and plan for what’s ahead.


Local Lobbying Expenses

Deduction for Local Lobbying Expenses Eliminated

The Tax Cuts and Jobs Act eliminates the deduction for lobbying expenditures to influence the legislation of any local council ...
/ / Tax, Tax Reform
Deducting Losses Disaster

Changes to Personal Casualty and Theft Losses

Under the Tax Cuts and Jobs Act, personal casualty losses are nondeductible unless attributable to a federally declared disaster. Prior ...
/ / Tax, Tax Reform
Gambling Loss

Gambling Loss Limitation is Broadened

The Tax Cuts and Jobs Act broadens Gambling Loss Limitation. Prior Law Through December 31, 2017 Under the prior law ...
/ / Tax, Tax Reform
employee achievement awards

Employee Achievement Awards

Prior Law Through December 31, 2017 An "employee achievement award" is an item of tangible personal property that an employer ...
/ / Business, Tax, Tax Reform
Federal Overtime Rules

IRS Releases New Form W-4 and Paycheck Calculator

The Internal Revenue Service released an updated Withholding Calculator on IRS.gov and a new version of Form W-4 to help ...
/ / Tax, Tax Reform
Mortgage Loan

Interest on Home Equity Loans Is Often Still Deductible Under New Law

Responding to many questions received from taxpayers and tax professionals, the IRS said that despite newly-enacted restrictions on home mortgages, ...
/ / Tax, Tax Reform
Leasing Property

Increased Code Section 179 Expensing

The Tax Cuts and Jobs Act makes significant changes to how companies will be able to write-off certain assets. Prior ...
/ / Tax, Tax Reform
SECURE Act

Estate and Gift Tax Exclusion Amount Increased

The Tax Cuts and Jobs Act increases the exclusion amount for estate and gift taxes. Prior Law Through December 31, ...
/ / Tax, Tax Reform
Lifetime Learning Credit

Expanded Use of 529 Account Funds

The Tax Cuts and Jobs Act expands the definition of qualified higher education expenses as it applies to 529 college ...
/ / Tax, Tax Reform
ABLE Accounts

ABLE Account Contribution Limit Increased

The Tax Cuts and Jobs Act makes several changes to ABLE accounts. Prior Law Through December 31, 2017 ABLE accounts ...
/ / Tax