Congress takes first steps to tax reform
Tax reform continues to be highly touted in Congress as lawmakers
from both parties call for simplification of countless complex
rules, overhaul of tax rates, and more. At times this year,
IRS focuses on new partnership audit rules
Legislation enacted in 2015 provides new rules for IRS partnership
audits. The new rules are a drastic departure from current rules
and the IRS is hopeful that the rules will simplify the audit
How do I? Set up a like-kind exchange
Under Code Sec. 1031, a taxpayer can make a tax-free exchange of
property held for productive use in a trade or business or for
investment. The exchange must be made for other property that the
April 2016 tax compliance calendar
As an individual or business, it is your responsibility to be aware
of and to meet your tax filing/reporting deadlines. This calendar
summarizes important federal tax reporting and filing data for
CRG Waddill, CPAs is a small, relationship-based CPA firm conveniently located in Brentwood, TN. We specialize in small business and individual tax planning and preparation along with accounting and bookkeeping services that are tailored to fit our clients' individual needs. We are confident that you will enjoy working with our partners, accountants, and bookkeepers as we continue to help you and your business succeed.
At CRG Waddill, CPAs, our clients are as varied as the challenges businesses face every day. We serve businesses in many different industries including real estate, retail, contractors, health care, farming, and home-based businesses to name a few. We provide numerous services to companies, individuals, trusts, and estates including accounting and bookkeeping services, tax planning and preparation, business development, and compliance.
Please feel free to contact us with any questions or comments you may have - we'd love to hear from you. We pride ourselves on being proactive and responsive to our clients' inquiries and suggestions.