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 November 2016
While no law requires Presidential candidates to publicly release their tax returns, it has been customary for the past 40 years that all major candidates do so for the sake of transparency. …
By Kenneth H. Bridges, CPA, PFS June 2016
We are often asked by our U.S.-based clients who are considering conducting business outside the U.S. to advise them with respect to the tax consequences of such. Likewise, we are often asked …
By Kenneth H. Bridges, CPA, PFS February 2016
Federal income tax rules have long been mostly favorable for real estate developers and investors. Having a basic understanding of the general rules applicable to real estate developers and investors is critical …
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 …
By Kenneth H. Bridges, CPA, PFS December 2015
As was the case last year, Congress again this year waited until December to let us know what the tax law would be for the year about to end. On December 18, …
By Kenneth H. Bridges, CPA, PFS November 2015
Thinking about selling your company? How you structure the transaction could have a significant impact on the after-tax amount you realize.
Asset sale or stock sale – As a general rule, buyers …
By Kenneth H. Bridges, CPA, PFS November 2015
Most growth-oriented companies will eventually go through due diligence, either in connection with a capital raise or a sale transaction. Proper preparation can improve the likelihood of a favorable outcome; and preparation …
By Kenneth H. Bridges, CPA, PFS July 2015
IRC section 409A was enacted in 2004 to curb perceived abuses in the area of executive nonqualified deferred compensation (NQDC). The supposed primary target of this legislation was the situation in which …
By Kenneth H. Bridges, CPA, PFS July 2015
For income tax purposes, a net operating loss can be carried back 2 years or forward up to 20 years. While less than perfect, this provision tends to mostly smooth out the …