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Tax Talk - Interest Expense Limitation


This issue of Tax Talk focuses on the interest expense limitations of the Tax Cuts & Jobs Act of 2017.

Tax Talk - 20% Deduction


This week's Tax Talk is focusing on the new 20% Deduction available through the Tax Cuts & Jobs Act of

Tax Talk - New Tax Law Meals & Entertainment Expense Update


With the new Tax Law (Tax Cuts and Jobs Act) there have been several changes with meals & entertainment (M&E)

Tax Cuts and Jobs Act 2017 Webinar


On Thursday, February 8th, Pease & Associates, CPAs' Tax professionals conducted the first "Tax Talk" webinar to examine the recent

Income statement items warrant your auditor's attention


Today's auditors spend significant time determining whether amounts claimed on the income statement capture the company's financial performance during the

Don't be a victim of tax identity theft: File your 2017 return early


The IRS has just announced that it will begin accepting 2017 income tax returns on January 29. You may be

5 common sources of substantive audit evidence


Do you understand how auditors verify account balances and transactions? This knowledge can minimize disruptions when the audit team visits

Got multiple locations? Expect auditors to keep a close eye on inventory


Do you remember the high-profile fraud that happened at drugstore chain Phar-Mor in the 1990s? Executives manipulated the company's financial

Make budgeting part of your New Year's resolution


It's important to resist the temptation to rely on gut instinct or take shortcuts when budgeting for 2018. Creating a

Most individual tax rates go down under the TCJA


The Tax Cuts and Jobs Act (TCJA) generally reduces individual tax rates for 2018 through 2025. It maintains seven individual

Tax Cuts and Jobs Act: Key provisions affecting corporations and individuals


On December 20, Congress completed passage of the largest federal tax reform law in more than 30 years, and according

7 last-minute tax-saving tips


The year is quickly drawing to a close, but there's still time to take steps to reduce your 2017 tax

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