The tax reform legislation is teeming with new rules, but I’d like to focus on how the new law affects the restaurant industry and how operators should respond to the changes. Along the way, I try to suggest some issues to consider as you go about your tax plans. I am grateful to Jeff Tubaugh […]
Gifting assets to loved ones is one of the simplest ways of reducing your taxable estate. However, what may not be as simple is determining whether you need to file a gift tax return (Form 709). With the April 17 filing deadline approaching, now is the time to find out an answer. Return required A […]
In the February issue of Minnesota Real Estate Journal, Jeff Shea and Pat Weller consider the impact of the new tax reform bill on commercial real estate industry. The article discusses expensing increases under Section 179 of the tax code, enhanced bonus appreciation, and modifications to 1031 like-kind exchanges. Read the full article.