Update: How to Ensure Your Real Estate Investment Qualifies for the 20% QBI Deduction

The IRS knows that there has been confusion as to whether or not rental real estate qualifies for the new 20% pass-through deduction on Qualified Business Income. The IRS issued guidance in the form of a safe harbor, which, if met, will ensure that your rental property qualifies for this valuable tax deduction. We break down the safe harbor to help you determine if your property qualifies…

Accounting for T&E Under the New Tax Rules

The new tax law has made many changes to the rules we’ve come to know and love, and while the implementation of many of the new rules are still being ironed out, there is something that you can do today to help set up your bookkeeping for the new tax code.