blog updates

Follow KSM

KSM blog

Entries by Chad Halstead, Alex Szarenski

Tax Reform: Major Changes to Meal and Entertainment Expenses

Posted 1:01 PM by
The Tax Cuts and Jobs Act (TCJA) largely eliminates the deduction for entertainment expenses. While there are a few unanswered questions (specifically how this provision affects meals), its effect is immediate. As a result, businesses should incorporate this change without delay.
| comments (2)

Tax Reform Is Here: Key Provisions Explained

Posted 7:00 PM by
In the most sweeping overhaul of the U.S. tax code in more than three decades, the tax reform bill has now been passed by both houses of Congress and was signed into law by President Trump this afternoon. These significant changes will require businesses and individuals to reassess their long-term tax strategies beginning with the 2018 tax year as well as consider immediate year-end tax planning strategies for the few remaining days of 2017.
| comments (0)