Insights by Author: Ellyn Cole

CA Implements Wayfair Sales Tax Decision

January 17, 2019

Another important deadline will make an entrance in April next year. Effective April 1, 2019, the…

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Court Overturns Physical Presence Standard in Sales Tax Decision

July 11, 2018

With the surge of online shopping dominating the retail space, a recent U.S. Supreme Court 5-4…

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Update: Tax Reform Moving Through Congress

November 22, 2017

In last month’s newsletter, we gave a brief overview of the Trump administration’s tax reform proposal,…

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Safe Harbor Benefits Restaurant and Retail Industry

July 22, 2016

There has been a lot of discussion surrounding Tangible Property Regulations—from implementing the new regulations to…

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Tax Deadline Reminder: FBARs Due by June 30

June 3, 2015

The deadline is fast approaching for certain taxpayers to report accounts they hold in foreign banks…

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Reduced Restrictions on In-Plan Roth Rollovers

March 25, 2013

Among the changes and extensions in the recently enacted American Taxpayer Relief Act of 2012 (“Act”),…

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Three Strategies That Add Flexibility to Your Estate Plan

September 24, 2012

In recent years, estate planning has been complicated by uncertainty over the future of the federal…

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The CARES Act: Big Changes to Retirement Plans

Let’s talk retirement planning. How should retirement accounts be handled after the big changes seen in ...
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May 7 Deadline for Big Businesses

The Treasury Department is granting safe harbor to large and public companies that voluntarily return stimulus ...
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The CARES Act: An Overview for Individuals

The CARES Act provides some big wins for individual taxpayers who are in need of an ...
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The CARES Act: An Overview for Businesses

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on Friday, March ...
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Income Tax Relief in Response to COVID-19 Outbreak

On March 20, 2020, the IRS extended the federal tax filing deadline to July 15, 2020, ...
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Reporting Requirements for Video Game Currency

Amid school and business closures, some gamers may be increasing their screen time and raking in ...
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IRS Released Guidance on Meal and Entertainment Expense Deductions

In recently-proposed regulations, the IRS states that, in general, taxpayers can deduct 50% of the ordinary food ...
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Is a Donor-Advised Fund Right for You?

Donor-advised funds (DAFs) have grown in popularity over the past decade. According to the National Philanthropic Trust ...
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The SECURE Act: Key Takeaways and Strategies to Consider

Over the past few years, we have seen some of the greatest shifts in tax legislation. ...
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Tax Tips for Law Firms

Whether you're a partner or an associate in a law firm, the IRS has rules that ...
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Tax Deductions from Land Donations Under Scrutiny

The IRS announced that they will be keeping a watchful eye on certain land donation deals ...
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IRS Establishes No Clawback Rule on Gifts and Estates

‘Tis the season for giving! In a recent announcement, the IRS presented the highly-anticipated final regulations ...
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