Redpath Insights

The Impact of Tax Reform on Merger and Acquisition (M&A) Transactions

Buyers and sellers have always taken taxes and tax law into account when evaluating a potential transaction. Sellers want to make sure that the proceeds they receive, net of their tax liability, is appropriate for what they think the company is...

A 2017 Move Can Mean a 2018 Exclusion

While taxpayers continue to adjust to the sweeping tax reform that went into effect with the Tax Cuts and Jobs Act, the IRS continues to work through the policy changes to provide clarity and guidance. One such example involves workers who were...

Manufacturers Now See Simpler Reporting Requirements

One of the main goals of tax reform is to encourage reinvestment in U.S. domestic production. This is through several relief provisions in the Act, which both simplify tax accounting methods and open up more tax benefits. While we recently posted...

Post Reform: How to Take a Tax Deduction for Meals and Entertainment

As part of the sweeping tax reform passed in December of 2017, there were substantial changes to the deductibility of both business meals and entertainment expenses.  The changes for both of these provisions are effective for expenses paid or...

Government Funding Bill: A Tax Break Revival

Congress passed a two-year budget deal in the early morning hours on Friday, February 9th.  Buried in this 652-page budget document are extensions of many provisions that expired in 2016. There are a lot of interesting provisions that could prove...

Impact of Tax Reform on Choice of Entity after the Tax Cuts and Jobs Act

Last November, we examined the potential impact of Tax Reform on Choice of Entity. Since the Tax Cuts and Jobs Act was signed into law on December 22, 2017, taxpayers have been working through the changes to try and understand the impact to...

Federal Tax Reform: House Releases Tax Cuts and Jobs Act

On November 2, the House released the long-awaited Tax Cuts and Jobs Act. The Act is broad and covers multiple aspects of individual and corporate taxation. The Act, which is not yet law, will likely see some changes before it is finalized. We will...