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.


QuickBooks

Limits on the Deduction of Business Interest

The Tax Cuts and Jobs Act places limits on the deduction of business interest for larger business entities as determined ...
/ / Tax, Tax Reform
SECURE Act

New Employer Credit for Paid Family and Medical Leave

Under the Tax Cuts and Jobs Act, employers can claim a credit of the wages paid to employees who take ...
/ / Business, Tax, Tax Reform
C Corporation

Domestic Production Activities Deduction Repealed

The Tax Cut and Jobs Act repeals the Domestic Production Activities Deduction (DPAD). Prior Law Through December 31, 2017 The ...
/ / Tax, Tax Reform
moving expenses

Deductions and Exemptions for Moving Expenses Suspended

The Tax Cuts and Jobs Act has suspended the exemption for certain reimbursements of moving expenses and the deduction allowed ...
/ / Tax, Tax Reform
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