Posts by Lisa Levinson

New Tax Reform Law Regarding Deductions

By on Aug 16, 2018 in Uncategorized | 0 comments

THE NEW TAX REFORM LAW TAKES A BITE OUT OF MEALS, ENTERTAINMENT, AND TRANSPORTATION DEDUCTIONS By Jay M. Rubinstein The Tax Cuts and Jobs Act, (TCJA), although being pro-business in many respects, limits the deductibility of meals, entertainment, and transportation expenses. In the past, taxpayers could deduct 50% of expenses for business related meals and...

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South Dakota vs. Wayfair – State Sales Tax and State Income Tax

By on Aug 16, 2018 in Uncategorized | 0 comments

SOUTH DAKOTA V WAYFAIR INC. A VERY IMPORTANT DECISION FOR YOUR BUSINESS AFFECTING STATE SALES TAX AND STATE INCOME TAX On June 21, 2018 the Supreme Court rendered a decision with far reaching and substantial implications for many businesses. The purpose of this communication is to inform you of the importance of this decision and to encourage you to contact us to...

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