Halverson & CompanyMay 21Beneficial Ownership Reporting - 2024Beneficial Ownership Reporting under the Corporate Transparency Act
Halverson & CompanySep 15, 2023Sunset Provisions of 2025Some of the significant tax law changes of The Tax Cuts and Jobs Act of 2017 (TCJA) are set to expire at the end of 2025 unless Congress...
Halverson & CompanyAug 31, 2023Bonus Depreciation Change for 2023 and the FutureThe Tax Cuts and Jobs Act passed in 2017 increased first-year bonus depreciation to 100%, which has remained through the end of 2022....
Halverson & CompanyAug 27, 2021How to Get a State Tax Deduction Post TCJA - The Passthrough Entity Level State Tax Background The Tax Cuts and Jobs Act (TCJA) of 2017 introduced several major tax law reforms that impact many taxpayers. One of these...
Halverson & CompanyMar 17, 2021The Consolidated Appropriations Act - 100% Meals Deductible for FederalThe Consolidated Appropriations Act signed into law by President Trump on December 27, 2020 provides for a 100% deduction related to...
Halverson & CompanyMar 17, 2021The American Rescue Plan Act: Restaurant Grant The American Rescue Plan Act of 2021 (ARPA) signed into law by Biden on March 11, 2021 provides $29 billion nationwide for a new Small...
Halverson & CompanyApr 28, 2020The CARES Act: NOL Carryback With the passing of the Tax Cuts and Jobs Act (TCJA) of 2017, there were changes made to how Net Operating Losses (NOLs) could be...
Halverson & CompanyApr 28, 2020The CARES Act: Qualified Improvement PropertyThe Tax Cuts and Jobs Act (TCJA) of 2017 eliminated the separate definitions for qualified leasehold improvement property, qualified...
Halverson & CompanyApr 28, 2020The CARES Act: Individual Tax ImpactIn light of the economic consequences of the COVID-19 pandemic, Congress passed into law The Coronavirus Aid, Relief, and Economic...