by Sarah Boehle Pool | Sep 5, 2018 | Latest News
The TCJA prohibits undoing 2018 Roth IRA conversions, but 2017 conversions are still eligible Converting a traditional IRA to a Roth IRA can provide tax-free growth and tax-free withdrawals in retirement. But what if you convert your traditional IRA — subject to...
by Sarah Boehle Pool | Sep 3, 2018 | Latest News
Choosing the right accounting method for tax purposes The Tax Cuts and Jobs Act (TCJA) liberalized the eligibility rules for using the cash method of accounting, making this method — which is simpler than the accrual method — available to more businesses. Now the IRS...