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Isdaner News

“New Year, new look for your tax return”

There were significant tax law changes in 2018. However, one that will be noticeable to many taxpayers is the look…

NEW PARTNERSHIP AUDIT REGIME

New partnership audit rules became effective for tax years beginning on or after January 1, 2018. The rules are applicable…

IRS provides QBI deduction guidance in the nick of time

When President Trump signed into law the Tax Cuts and Jobs Act (TCJA) in December 2017, much was made of…

Qualifying Rental Real Estate for the 20% Qualified Business Deduction

If you are a rental real estate company, you may be eligible for a Qualified Business Income 20% deduction under…

ISDANER & COMPANY RECOGNIZED ON TOP 25 ACCOUNTING FIRM LIST: One of the Few Independently Operated and Locally Owned Firms on the List

The Philadelphia Business Journal once again identified the TOP 25 ACCOUNTING FIRMS in the Philadelphia area in the 2019 Book…

Is This Your Situation – Worried About Taxes on an Asset Sale?

There is the temptation to just sell off assets that you’ve accumulated and take the cash. However, that generally results…

Business and other standard mileage rates increase for 2019

IRS has announced that the optional mileage allowance for owned or leased autos (including vans, pickups or panel trucks) will…

Get Ready: New Revenue Recognition Rules

Private companies that follow U.S. Generally Accepted Accounting Principles (GAAP) are running out of time to implement the new revenue…

Still Time for Year End Tax Planning

Last-minute” tax-saving moves for individuals Although there are only about five weeks left to go before the year ends, it’s…

The tax deduction ins and outs of donating artwork to charity

If you’re charitably inclined and you collect art, appreciated artwork can make one of the best charitable gifts from a…