Tax

/Tax

Tax Cuts and Jobs Act: Impact for Real Estate, Vol. 3

For the third installment of our series, we will discuss excess business losses and net operating losses for individual taxpayers. Previously, individuals offset business losses against all other income (subject to passive and basis [...]

February 24th, 2018|Real Estate, Tax, Tax Cuts and Jobs Act|

Tax Cuts and Jobs Act: Impact for Real Estate, Vol. 2

Previously, we discussed changes to and expansion of existing tax law. In this installment, we will be addressing tax law that is entirely new. As such, there are still areas that will require further [...]

February 21st, 2018|Real Estate, Tax, Tax Cuts and Jobs Act|

Tax Cuts and Jobs Act: Excess Business Losses

As we continue our analysis of the Tax Cuts and Jobs Act (TCJA), we will address a provision that has not been widely reported, but could have an immediate impact in 2018 to certain [...]

February 14th, 2018|Tax, Tax Cuts and Jobs Act|

Tax Cuts and Jobs Act: Focus on Impact for Real Estate

This is the first in a five-part series that highlights the segments of the newly enacted Tax Cuts and Jobs Act and how it impacts the real estate industry. We will focus on the [...]

February 13th, 2018|Real Estate, Tax, Tax Cuts and Jobs Act|

Tax Cuts and Jobs Act: Itemized Deductions

As we continue our analysis of the TCJA, this week’s newsletter will focus on some of the more important individual tax changes, specifically those pertaining to itemized deductions. Every deduction indicated on Schedule A [...]

February 8th, 2018|Tax, Tax Cuts and Jobs Act|

Tax Cuts and Jobs Act: Simplification or Complication?

By: Mike Shepherd Is the recent Tax Cuts and Jobs Act a simplification or complication? The short answer is yes. But how can it be both simplification and complication you ask? Congress works in mysterious [...]

February 5th, 2018|Tax, Tax Cuts and Jobs Act|

Increase and Modification of Child Tax Credit

There were some changes made to the child tax credit rules in the new tax bill. The amount of the credit was increased, the adjusted gross income phase-outs were increased, a new non-child dependent tax [...]

January 25th, 2018|Tax|

Tax Cuts and Jobs Act: Depreciation-Related Provisions

In our second installment on the new tax law, we will focus on depreciation-related provisions. Many of you may have previously benefited from bonus depreciation and Section 179 expensing — tax incentives that have [...]

January 18th, 2018|Tax, Tax Cuts and Jobs Act|

Tax Cuts and Jobs Act: Employee Benefits

What is Changing? Over the coming weeks, we will be sending out more details relating to the new tax law. Given the volume of changes, we will be releasing a more detailed review of [...]

January 10th, 2018|Tax, Tax Cuts and Jobs Act|

Should I Prepay My Property Tax?

We have received several calls this week about prepaying 2018 property tax by December 31, 2017 in light of the cap on deductibility of those taxes that will be in place for 2018. Kentucky does not have [...]

December 28th, 2017|Tax|