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.
Limitations on the Rehabilitation Credit
The Tax Cuts and Jobs Act has eliminated and changed the rehabilitation credit. Prior Law Through December 31, 2017 A ...
Recharacterization of IRA Contributions Has Been Repealed
The Tax Cuts and Jobs Act has repealed the rule allowing recharacterization of IRA contributions. Prior Law Through December 31, ...
Student Loan Discharge on Death or Disability
Prior Law Through December 31, 2017 Gross income generally includes the discharge of indebtedness of the taxpayer. Under an exception ...
Repeal of Partnership Technical Terminations
The Tax Cuts and Jobs Act has eliminated certain aspects of when partnership terminations occur. Prior Law Through December 31, ...
Raised Casualty Floor and Modified Threshold for 2016 Disaster Losses
Prior Law Through December 31, 2017 In general, the deduction for casualty and theft losses of personal-use property is subject ...
Relief From Early Withdrawal Tax for “Qualified 2016 Disaster Distributions”
Prior Law Through Dec. 31, 2017 A distribution from a qualified retirement plan, a tax-sheltered annuity plan, an eligible deferred ...
The Changing Face of Personal Exemptions and the Standard Deduction
Personal tax exemptions and the standard deduction have looked largely the same for quite some time. But, in light of ...
Business Owners: Brush Up on Bonus Depreciation
Every company needs to upgrade its assets once in a while, whether desks and chairs or a huge piece of ...
Limitation on Excessive Employee Compensation
Prior Law Through December 31, 2017 An employer generally may deduct reasonable compensation for personal services as an ordinary and ...
Modification of Net Operating Loss (NOL) Deductions
The Tax Cuts and Jobs Act places limits on the use of Net Operating Losses (NOL) for most businesses. Prior ...
