By Kenneth H. Bridges, CPA, PFS March 2019
Syndicated conservation easements have long been in the crosshairs of the IRS for examination and challenge. That scrutiny appears to be increasing, and now the US Department of Justice and Congress have …
By Kenneth H. Bridges, CPA, PFS December 2018
Included in The Tax Cuts and Jobs Act legislation enacted in late 2017 was new Internal Revenue Code Section 1400Z-2, “Special Rules for Capital Gains Invested in Opportunity Zones”. These new rules, …
By Kenneth H. Bridges, CPA, PFS August 2018
Included in the December 2017 tax legislation (The Tax Cuts and Jobs Act or “TCJA”) was a new deduction for owners of pass-thru entities and sole proprietorships, the 20% “qualified business …
By Kenneth H. Bridges, CPA, PFS August 2018
Georgia, like most states, offers a bounty of credits against its income tax; some of which fall into the almost too good to be true category. Some (e.g. the jobs credit, research …
By Kenneth H. Bridges, CPA, PFS May 2018
Being a tax geek, as I watched the NFL Draft recently, I couldn’t help but think how those players selected by Florida-based teams (e.g. Minkah Fitzpatrick, selected by the Miami Dolphins) or …
By Kenneth H. Bridges, CPA, PFS December 2017
The Tax Cuts and Jobs Act (TCJA)1 was passed by the House and Senate on December 20 and signed into law by the President on December 22.
The actual text of …
By Kenneth H. Bridges, CPA, PFS February 2017
Let’s assume you have a tract of land which could potentially be developed into a residential subdivision, but you don’t want to ever see the land developed, desiring for it to forever …
By Kenneth H. Bridges, CPA, PFS November 2016
Late November through year end is the time for year-end tax planning. This year, with potential major tax legislation coming in 2017, it is more important than ever. While every client’s situation …
By Kenneth H. Bridges, CPA, PFS November 2016
With the Republicans in control of The White House and Congress, the stage could be set in 2017 for the most significant tax legislation we have seen since The Tax Reform Act …
By Kenneth H. Bridges, CPA, PFS February 2016
“How long do I need to keep our old tax returns and related documents?” This is a question I get often; and it is a simple question for which there is no …