Hidden away in the 2017 Tax Cuts and Jobs Acts is a program called the Investing in Opportunity Act, which can bring much needed investment to some of the nation’s distressed communities. It allows for investment in new businesses and in education, particularly charter schools and skill trainings programs. It is gaining popularity as a...
Time is running out if you have been considering investments in qualified opportunity zone properties and businesses. The deadline to get the full 15 percent step-up in basis afforded to realized capital gains is December 31, 2019. Opportunity Zones are a way to encourage more investment in economically distressed communities. They were slow in gathering...
Our March client in the spotlight is Jay Ajmo, DDS. Dr. Ajmo is the founder of PGA Dentistry and an innovative leader in the fields of Cosmetic, Implant, and Restorative Dentistry. Dr. Ajmo has been voted “South Florida's Most Distinguished Cosmetic Dentist” by The Best of South Florida and a "Top Doctor" by Consumer Research...
Every year the IRS adjusts more than 40 tax provisions for inflation. 2019 is no different! Except that instead of the Consumer Price Index or CPI, the IRS now uses the “Chained Consumer Price Index” to adjust income thresholds, deduction amounts, and credit values accordingly. 2019 will prove to be exciting for both CPAs and...
We use accounting and auditing skills to provide an analysis of financial records in conjunction with dispute resolutions, as well as fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices. For more information visit our www.fuocoforensic.com. Find out more Click Here for brochure.
