HOW WILL IT IMPACT YOU? On December 22, 2017 the President signed the amended HR 1, the Tax Cuts and Jobs Act (“TCJA”) into law, which makes sweeping changes to the current tax system, and represents the most significant tax reform in over 30 years in the US.
Overview With the recent passage of the Tax Cuts and Jobs Act of 2017, now is as good of a time as any for companies to take a fresh look at their tax processes and controls.
In our highly competitive and increasingly connected world, we see broader adoption and growing use of complex information technology (IT) applications at companies in all industries.
The new lease guidance (ASC 842) changes how companies account for their lessee transactions in a significant way.
HOW WILL IT IMPACT YOUR ORGANIZATION? On November 2, 2017 the House Ways and Means Committee Chairman introduced bill HR 1, the Tax Cuts and Jobs Act (“TCJA”), which proposes to make significant changes to how corporations and individuals are taxed.
The new lease guidance (ASC 842) will change how lessees account for leasing transactions in a significant way.
Massachusetts continues to provide significant tax benefits to corporations that are engaged in manufacturing activities within the state.
Effective January 1, 2016, the PATH Act provides a payroll tax credit offset of up to $250,000 for qualified small businesses.
