Close-up on the new QBI deduction’s wage limit

The Tax Cuts and Jobs Act (TCJA) provides a valuable new tax break to noncorporate owners of pass-through entities: a deduction for a portion of qualified business income (QBI). The deduction generally applies to income from sole proprietorships, partnerships, S corporations and, typically, limited liability companies (LLCs). It can equal as much as 20% of[ … ]

Tempe Awards 9 Projects Money From ‘Innovation Fund’

Tempe City Council has chosen nine projects to receive money from a one-time $500,000 Innovation Fund. The Tempe Grease Cooperative’s Pilot Grease Trap Assistance Program, Sellah Park Pond Floating Island Project and One Touch Reporting App for Employees are among the funded programs. The projects have diverse goals from helping people re-enter society after incarceration[ … ]

BeachFleischman PC promotes Ulibarri, Barraza and Feldhausen to Shareholder

Tucson, AZ – June 20, 2018 – BeachFleischman PC, one of Arizona’s largest locally-owned CPA firms, announces the promotions of Christine Ulibarri, Fernando Barraza and Evan Feldhausen to Shareholder. The three shareholder additions serve to support strategic growth by deepening the firm’s specialized tax and industry practices. The firm now has 21 shareholders and over[ … ]

2018 Q3 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2018. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. July[ … ]