Charles Rettig Confirmed as New IRS Commissioner
Charles P. "Chuck" Rettig was confirmed as the new IRS
Commissioner on September 12. The Senate confirmed the nomination
by a 64-to-33 vote. Rettig received both Democratic and Republican
su...
Reaction: Proposed IRS Regs Would Curb SALT Cap Workarounds
New IRS guidance aiming to curb certain state and local tax (SALT)
deduction cap "workarounds" is the latest "hot
topic" tax debate on Capitol Hill. The IRS released proposed
amend...
IRS Proposes to Remove Section 385 Documentation Regulations
The IRS has proposed to remove the Code Sec.
385 documentation regulations provided in Reg. §1.385-2.
Although the proposed removal of the documentation rules will apply
as of the ...
Wolters Kluwer Projects 2019 Inflation Amounts
Wolters Kluwer has projected annual inflation-adjusted amounts for
tax year 2019. The projected amounts include 2019 tax brackets, the
standard deduction, and alternative minimum tax amounts, among
ot...
How do I? Make tax-free gifts for tuition
With the soaring cost of college tuition rising on a yearly basis,
tax-free tuition gifts to children and grandchildren can help them
afford such an expensive endeavor, as well as save the generous
ta...
A first look at 2017 inflation-adjusted tax amounts now available
An early glimpse at the income tax picture for 2017 is now
available. The new information includes estimated ranges for each
2017 tax bracket as well as projections for a growing number of
inflation-s...
Year-end tax planning is right around the corner
It’s not too early to get ready for year-end tax planning. In fact,
many strategies take time to set up in order to gain maximum
benefit. Here are some preliminary considerations that may help
y...
Liability for the "nanny" tax
Employers generally have to pay employment taxes on the wages they
pay to their employees. A fine point under this rule, however, is
missed by many who themselves have full time jobs and don’t t...
What the new 1099 reporting requirement will mean for businesses
Businesses of all sizes are preparing for a possible avalanche of
information reporting after 2011. To help pay for health care
reform, lawmakers tacked on expanded information reporting to the
Patie...
At G&J Seiberlich we view our work as Accounting for Life.
Living a rewarding life is what we all desire. Life has many stages and the money we earn, spend and save along the way plays a pivotal role in the flow of life.
We focus on helping our clients manage their income, businesses and financial assets to meet their lifetime goals.
We welcome you to G&J Seiberlich & Co LLP and invite you to call on us to discuss your own Accounting for Life.
