Jan 31, 2019 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter Employers can use 401(k) plans to help employees pay student loans In a recent private letter ruling, the IRS approved an employer’s student loan repayment program, under which it made contributions to employees’ 401(k)... continue reading »
Jan 31, 2019 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter A vacation home can be many things to different people. For example, it can be a relaxing refuge for friends and family, or the property can serve as an income-producing investment if you choose to rent it out when you’re... continue reading »
Dec 6, 2018 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter One change affecting estate plans under the Tax Cuts and Jobs Act is that, for the estates of persons dying after December 31, 2017, and before January 1, 2026, the generation-skipping transfer (GST) tax exemption... continue reading »
Dec 6, 2018 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter The tax treatment of bitcoin and other “virtual currencies” — also known as “cryptocurrencies” — is widely misunderstood. But if you invest in virtual currency, use it to pay for goods or services, or receive it as... continue reading »
Dec 6, 2018 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter In its much-anticipated decision in South Dakota v. Wayfair, the U.S. Supreme Court ruled, by a 5 to 4 margin, that a state may require out-of-state sellers to collect sales and use tax even if they lack a physical presence... continue reading »
Dec 6, 2018 | Tax Impact Articles
News & Resource Center Tax Impact Newsletter Should you donate your car to charity? Donating an old car to a qualified charity may seem like a hassle-free way to dispose of an unneeded vehicle, satisfy your philanthropic desires and enjoy a tax deduction (provided... continue reading »
