How Has the Tax Cuts and Jobs Act Changed the Deductibility of Meals and Entertatinment | Submitted by Wipfli-Bauerle

As they say, better late than never. I was one year late on when I thought we would have tax reform. I am not going to explain all the changes that went into effect with the Tax Cuts and Jobs Act. There are numerous changes that will benefit taxpayers. Yet, as we know, for every tax benefit receiv...

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With the Expansion of Bonus Depreciation, Why Is Section 179 Still Important? | Submitted by Wipfli-Bauerle

Taxpayers generally have two ways to take an immediate write-off for a portion or all of the cost of an acquired capitalized asset. They can claim a tax deduction for a percentage of the cost of the asset (bonus depreciation), or they can claim a deduction for a certain dollar amount of the cost of...

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