Am I able to itemize my taxes for 2018?

The Tax Cuts and Jobs Act (TCJA) limits or eliminates several itemized deductions that have been available to many individual taxpayers. Here are five deductions reduced or eliminated by the […]
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The Tax Cuts and Jobs Act (TCJA) limits or eliminates several itemized deductions that have been available to many individual taxpayers. Here are five deductions reduced or eliminated by the […]
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When it comes to self-employment taxes, an LLC member is not necessarily in the same boat as a limited partner. The IRS is cracking down on LLC members who underreport […]
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By Miranda Aavatsmark Iceberg! Straight ahead! Although there are many theories why the unsinkable ship, the Titanic, sank, ultimately the piercing claws of the iceberg underwater was the cause of […]
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A recently proposed bill could make the Craft Beverage Modernization and Tax Reform Act of 2017 permanent. Senators Roy Blunt (R-Mo.) and Ron Wyden (D-Ore.) had good news for the craft […]
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With the recent changes under the Tax Cut and Jobs Act (TCJA), tax rates for C corporations have come down to a flat 21%, making it very appealing for many […]
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As you likely know by now, the Tax Cuts and Jobs Act (TCJA) reduced or eliminated many deductions for individuals. One itemized deduction the TCJA kept intact is for investment […]
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Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the cost every year over the depreciation period. (Land isn’t depreciable.) […]
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When President Trump signed into law the Tax Cuts and Jobs Act (TCJA) in December 2017, much was made of the dramatic cut in corporate tax rates. But the TCJA […]
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When the Tax Cuts and Jobs Act (“TCJA”) was passed in late 2017, there was a lot for manufacturers to be excited about. The return of bonus depreciation, a lowering […]
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Many business tax limitations are annually indexed for inflation, and a number of these have gone up for 2019. There are also new limitations related to section 199A, which were […]
Read MoreBeginning with cost reporting periods ending on or after January 1, 2026, many acute care hospitals will face a new Medicare cost reporting requirement: Worksheet S-12. For the first time, […]
By Jonah Gjertson, Senior Consultant at Blue & Co. As of June 29, 2026, 168 buy-sell transactions occurred across the United States, with California, Ohio, Texas, New York, and Illinois […]
By Jonah Gjertson, Senior Consultant at Blue & Co. North American automotive manufacturing held steady through May 2026 compared to the same period in 2025. Looking at the numbers, Volkswagen, […]