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Thought Leadership

When it comes to thought leadership and staying informed, we’ve got you covered. See below for recent articles, webinars, and downloadable resources available.

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New Meals & Entertainment Rules: What qualifies and what does not?

New Meals & Entertainment Rules: What Qualifies And What Does Not?

The Tax Cuts and Jobs Act made many changes to the meals and entertainment deduction. The largest change is that entertainment is no longer deductible. Below is a summary of […]

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Do you know the ABCs or HSAs FSAs and HRAs?

Do You Know The ABCs Of HSAS, FSAS and HRAS?

There continues to be much uncertainty about the Affordable Care Act and how such uncertainty will impact healthcare costs. Leveraging all tax-advantaged ways to fund these expenses, including HSAs, FSAs […]

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Kentucky Sales Tax Hits Nonprofit Organizations

Kentucky Sales Tax Hits Nonprofit Organizations

Recently, Kentucky House Bill 487 passed, which contained significant changes to Kentucky tax laws. For purposes of this communication, we would like to highlight one major change regarding Kentucky Sales Tax […]

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Expense reimbursements after tax reform

Expense Reimbursements After Tax Reform

With the passing of the Tax Cuts and Jobs Act (TCJA) in late 2017, many businesses, business owners, and their advisors are evaluating a variety of topics such as the […]

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It's time to take a closer look at look back

It’s Time To Take A Closer Look At Look-back

The Internal Revenue Service (IRS) estimates that 71% of taxpayers required to file and compute look-back do not. Construction is the most prevalent industry where look-back applies, and we want […]

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Choosing the best business entity structure post-TCJA

Choosing The Best Business Entity Structure Post-TCJA

For tax years beginning in 2018 and beyond, the Tax Cuts and Jobs Act (TCJA) creates a flat 21% federal income tax rate for C corporations. Under prior law, C […]

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Supreme Court opens door to taxation of online sales and sales by out-of-state companies

Supreme Court Opens Door To Taxation Of Online Sales And Sales By Out-of-state Companies

The U.S. Supreme Court has given state and local governments the green light to impose sales taxes on out-of-state sellers, including ones that deal in online sales. The 5-4 decision […]

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Qualified Transportation: An initial look at what needs to be included in unrelated business income

Qualified Transportation: An Initial Look At What Needs To Be Included In Unrelated Business Income

Provisions in the Tax Cuts and Jobs Act (TCJA), passed late in December 2017, eliminated the deductibility of qualified transportation expenses incurred by business employers. After December 31, 2017, amounts […]

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Evaluating the impact of South Dakota v. Wayfair

Evaluating The Impact Of South Dakota V. Wayfair

In late June, the U.S. Supreme Court issued a decision that significantly changed the sales and use tax collection requirements for the vast majority of online retailers and out-of-state sellers. […]

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Tax Alert_ Sales Tax in Kentucky

Tax Alert: Sales Tax In Kentucky

Recently, Kentucky House Bill 487 passed, which contained significant changes to Kentucky Tax laws. For purposes of this communication, we would like to highlight one major change regarding Kentucky Sales […]

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Supreme Court Ruling Allows States to Collect Sales Taxes Without Physical Presence

Supreme Court Ruling Allows States To Collect Sales Taxes Without Physical Presence

On Thursday, June 21, 2018, the Supreme Court of the United States ruled in favor of South Dakota in the case of South Dakota v. Wayfair, Inc. The impact of this ruling […]

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What you don't know about the Excess Business Loss Limitation

What You Don’t Know About The Excess Business Loss Limitation

What is the excess business loss limitation under code section 461 (I)? In its simplest form, it is a fourth disallowance provision behind the three that we already have in […]

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Beware of Tax Identity Theft All Year Long

Beware Of Tax-Related Identity Theft Scams All Year Long

With the filing date for 2017 in the rearview mirror for most businesses and individuals, the last thing you probably want to think about is income taxes. Unfortunately, though, criminals […]

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Pass-Through Deduction: Looking Forward

The Pass-through Deduction – Looking Forward

By Miranda Aavatsmark It’s 11:00 p.m. on New Year’s Eve, 2017 and I’m ready for a relaxing evening.  My day started with checking my email and fretting that something was […]

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Do you need to adjust your withholding for 2018?

Do You Need To Adjust Your Withholding For 2018?

If you received a large refund after filing your 2017 income tax return, you’re probably enjoying the influx of cash. But a large refund isn’t necessarily all positive. It also […]

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Webinars

Beneficial ownership information report

Beneficial Ownership Information Report –New 2024 Requirement

By Amy Sandlin, CPA, Tax Quality Control at Blue & Co. Tens of millions of businesses are estimated to be now required to file a Beneficial Ownership Information Report (“BOIR”) […]

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Ohio commercial activity tax

Major Changes to the Ohio Commercial Activity Tax May Reduce Your Business Taxes This Year

By Cayleb Reyes, Senior Accountant and Amy Sandlin, CPA, Tax Senior Manager at Blue & Co. Significant changes to the Ohio Commercial Activity Tax (“CAT”) will impact businesses this year, […]

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Tax Relief for American Families and Workers Act of 2024: A Comprehensive Overview of Bipartisan Legislation

By Derek Gray, CPA, Director and Amy Sandlin, CPA, Senior Tax Manager at Blue & Co. A bipartisan bill drafted by House Ways and Means Chair Jason Smith (R-MO) and […]

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government shutdown

Potential Federal Government Shutdown: Impact on Businesses and IRS Operations

By Elizabeth Zimnawoda, CPA, Senior Accountant at Blue & Co. The possibility of federal government shutdowns looms early this year, stemming from persistent funding challenges. Unmet funding resolution deadlines could […]

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529 plan

Unlocking Educational Wealth: The SECURE Act 2.0’s Transformation of 529 Plans

By Jackie Emert, CPA, MST, Tax Manager and Amy Sandlin, CPA, Tax Senior Manager at Blue & Co. Have you heard about the SECURE Act 2.0? It builds on the […]

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application of CECL to accounts receivable

Application of CECL to Accounts Receivable

By Priya Singleton, CPA, Director at Blue & Co. The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of […]

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