Redpath Insights

Saying No to the Business Interest Expense Deduction Limitation

Taxpayers who are in the real estate or construction industry may benefit from making an...

Newly Proposed Opportunity Zone Regulations

The IRS recently released a set of proposed updated guidance around opportunity zones. You can...

New Guidance Will Require More Nonprofits to Pay Unrelated Business Income Tax

The tax-exempt sector has received the much-anticipated interim guidance from the Internal...

Changing State Residency and the Minnesota Department of Revenue

Residency is important because residents of Minnesota are taxed on worldwide income—no matter if...

Does the Standard Deduction or Itemizing Make Sense for Your Taxes?

Have you itemized in previous tax years? Should you itemize deductions for 2018? You may not,...

For-Profit or For Fun? Don’t Make the IRS Guess with Your Business Expense Deductions

 Do you want to be able to deduct business expenses? Take the right steps to ensure your...

IRS to States: Do Not Sidestep Deduction Limits

Late last year, Congress passed and President Trump signed into law the most comprehensive tax...

Manufacturers Now See Simpler Reporting Requirements

One of the main goals of tax reform is to encourage reinvestment in U.S. domestic production....

Do You Pay Income Tax on Employer-Owned Life Insurance Benefits?

As a business owner or employee benefits specialist, you're most likely aware of the Pension...

New Family Medical Leave Tax Credit

[9/26/18 Update: The IRS has issued further guidance on how to calculate the credit—and there is...