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Section 199A–IRS Safe Harbor and Your Rental Property

Section 199A—IRS Safe Harbor and Your Rental Property, What You Need to Know Background: The Tax Cut and Jobs Act allows a deduction to a non-corporate taxpayer for up to 20% of Qualified Business Income (“QBI”). Click here for a more detailed discussion of the...

Important Tax Deadlines for Q1 2019

This is meant to be a handy reference reminder for Q1. If you have any questions please feel free to reach out to your Pugh CPAs advisor. January 31: File 2018 Forms W-2, “Wage and Tax Statement,” with the Social Security Administration and provide copies...

Evaluating a Business Valuation Report

Anyone with a little business and financial knowledge can do a quick-and-dirty calculation using a industry rule of thumb, such as multiple of annual sales or earnings. But experienced valuation professionals apply tested valuation approaches that are based on real...

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