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The Bottom Line Weekly News

Using Technology to Expand Your Practice

Charitable Contributions for High-Income Taxpayers

Sidney Kess, CPA, J.D., LL.M.

The government views those with income of $200,000 or more as “high-income taxpayers,” and charitable contributions are a popular write-off for this group of individuals. For 2015 (the most recent...

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Feature Stories

A New Deduction From the Tax Cuts and Jobs Act

T. Steel Rose, CPA

The new Tax Cuts and Jobs Act brings a 20% deduction computed on qualified business income (QBI) for pass-through entities and Schedule C businesses. This qualified business income deduction is...

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Tax Strategies

Charitable Contributions for High-Income Taxpayers

Sidney Kess, CPA, J.D., LL.M.

The government views those with income of $200,000 or more as “high-income taxpayers,” and charitable contributions are a popular write-off for this group of individuals. For 2015 (the most recent...

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Client Tax Tip

How Interest Can Be Deducted When Money is Borrowed to Buy I…

Julie Welch, CPA, CFP

If a taxpayer borrows money to purchase investments, such as mutual funds, bonds or stock, the interest paid on the loan can usually be deducted. There are two limitations, however...

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Financial Planner

Understanding Pay Options with the new DOL Regulations

Jerry Love, CPA/PFS, CFP, CVA, ABV, CITP, CFF, CFFA

This article is a follow up to the prior article which highlights the new regulations for the Fair Labor Standards Act (FLSA) from the Department of Labor (DOL) raising the...

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Editor Blog

CPAs Wanting to Do It Themselves

Joshua Fluegel

In its ongoing effort to stay on the forefront of developments in tax profession technology, CPA Magazine talks to Mark Strassman, president of Make My Day CPA. Strassman discusses CPAs’...

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Tax Checklist

Crowdsource Funding to Help Victims of the Las Vegas Massacr…

Martin M. Shenkman, Esq., Bernard A. Krooks, Esq., and Jonathan G. Blattmachr, Esq.

One of the authors just received a call to assist those helping one of the hundreds of victims of the Las Vegas shooting with some questions concerning a crowdfunding effort...

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