Aug/Sept 2018 NewsletterSeptember 13, 2018

  The latest issue of the Curchin Newsletter is here! You can look forward to reading about hot topics in accounting/tax/audit, firm news, and more! In this issue: Meal and Entertainment Expenses as changed by the Tax Cuts and Jobs Act (TCJA), Governor Murphy and Legislative Houses Reach Budget Deal Which Includes Corporate and Individual …

Tax Reform and Your Vacation HomeJuly 27, 2018

The Tax Cuts and Jobs Act of 2017 brought many changes to the treatment of vacation homes and second homes owned by high net worth individuals. An article published in Financial Advisor Magazine highlights key provisions with input from CPAs across the U.S., including Curchin’s Lynn Conover. “If the property is held out as a …

Become a Sponsor of the 13th Annual Curchin OpenJuly 2, 2018

Everyone’s favorite indoor miniature golf tournament is back for the 13th year! We are now seeking sponsors and prize donations to help make this year’s event a success! Register for a sponsorship online here or reach out to Blaise Furiato at 732-747-0500 or bfuriatio@curchin.com.   Sponsorship Opportunities Support this year’s two charity recipients, Ocean of …

How the Tax Cuts and Jobs Act of 2017 Impacts Estate PlanningJune 7, 2018

  2018 brings several changes – and a few constants – to estate and gift tax law. At Curchin’s recent seminar on the key areas of change in the Tax Cuts and Jobs Act of 2017 (TCJA), I discussed the most noteworthy items relating to estate and gift tax, including: Basic Exclusion Increase Under the …

AICPA Requests ‘Immediate Guidance’ from IRS on Pass-Through IncomeJune 7, 2018

  The Tax Cuts and Jobs Act of 2017 (TCJA) allows for a 20 percent deduction on qualified business income (QBI) for pass-through entities, as stated in Section 199A of the new Internal Revenue Code. However, defining “qualified business income” has become somewhat problematic, as certain businesses – including many professional services firms – are …