Tax Cuts and Jobs Act: S Corporation vs. C Corporation

By Jennifer Kobylarz, CPA, MSTRecent guidance by the IRS specifically addressed conversion of an S corporation to a C corporation, which has left a lot…

Basics of Qualified Opportunity Zones, Funds and Tax Deferral of Capital Gains

By Jennifer Kobylarz, CPA, MST The Qualified Opportunity Fund (QOF) is a new type of investment which originated from the Tax Cuts and Job Act…

Tax Cuts and Jobs Acts of 2017: Tax Implications of the new §199A Qualified Business Income Deduction

By Jennifer Kobylarz, CPA, MST The Tax Cuts and Jobs Act, passed in December 2017, created a new deduction under §199A. This deduction allows for all…