Tax Update: IRS Makes Significant Chages to Repair and Capitalization Regulations
IRS Makes Significant Changes to the Repair and Capitalization Regulations on Tangible Property Costs Which Will Impact Many Taxpayers The changes made in 2014 will affect almost all taxpayers, some qualifying for deductions of personal property capitalized in prior periods and most adopting the … Continue reading
What do the 2014 Tax Relief Extender Laws Mean to You?
As 2014 wraps up, Congress has just approve HR (House Resolutions) Bill 5771 which retroactively provides significant tax deductions for individuals and corporate taxpayers. So, what do the tax relief extender laws mean to you? Here are a few of the highlights … Continue reading
Tax Update: Businesses, individuals benefit from latest tax relief extender law
Businesses, individuals benefit from latest tax relief extender law On Dec. 16, the Senate passed the Tax Increase Prevention Act of 2014 (TIPA), which the House had passed on Dec. 3. TIPA is the latest “extender” package, a stopgap measure that retroactively … Continue reading
CDH Utilizes International Tax Expertise to Save Thousands in Estate Tax Dollars
Several foreign individuals recently came to us after encountering an issue with transferring stock held in the United States from their recently deceased father. The U.S. bank in question was unable to release the stock to the heirs without documentation of a … Continue reading