January 2018 - AKIF CPA

2018 Tax Due Dates and Deadlines

Reading Time: 3 minutes Being a taxpayer, you should always keep track of all the things related to the tax filing system and the changes that are bound to

January 20, 2018 No Comments

2018 Tax Reform – Business Interest Deduction, Net Operating Loss, 1031 Exchange, Meals and Entertainment

Reading Time: 3 minutes The tax reform bill passed by the United States Congress known as the Tax Cuts and Jobs Act, impacts Business Interest Deduction, Net Operating Loss,

January 18, 2018 No Comments

2018 Tax Reform – New Tax Rates for businesses, Qualified business deduction, depreciation rates and accounting methods

Reading Time: 3 minutes The tax reform bill passed by the United States Congress known as the Tax Cuts and Jobs Act, majorly impacts tax rates for corporation and

January 11, 2018 No Comments

2018 Tax Reform and Section 199A – Impact on Small and Pass-through business

Reading Time: 3 minutes Under the new Tax Cuts and Jobs Act, pass-through business owners can claim a 20% deduction on the “qualified business income” conditional to certain criteria

January 11, 2018 2 Comments

Comparison of 2018 New Tax Brackets Vs 2017 Old Tax Brackets

Reading Time: 2 minutes One of the most important aspects of the Tax reform passed by the United States Senate is the change in tax brackets among others for

January 5, 2018 2 Comments

2018 Tax law update for Individuals

Reading Time: 3 minutes Let’s now look at some of the other specific reforms brought about by the Act for the individual tax payer: Changes to the Alternative

January 4, 2018 No Comments