The Families First Coronavirus Response Act (FFCRA) was signed by the President on March 18, 2020 and goes into effect on April 1, 2020. We have put together the following information to help answer some of your questions. What is the purpose of the Families First Coronavirus Response Act (FFCRA)? It...

What is it: The IRS enacted new partnership audit rules (“New Partnership Audit Rules”) in 2015 that take effect for all partnership tax returns filed for partnership tax years beginning January 1, 2018. The New Partnership Audit Rules apply to LLCs taxed as partnerships. ...

The Tax Cut and Jobs Act was signed into law on December 22, 2017 and imposes the biggest changes to the Internal Revenue Code since 1986.   This article provides an overview of key provisions of the Tax Reform Act and highlights how these provisions may impact you and your business. ...