Damon Delcoro – Page 5 – Romano & Associates

The recent Wayfair decision has drastically altered the landscape for states that want to collect sales and use taxes. Prior to this landmark U.S. Supreme Court case, economic “nexus” for tax purposes was established only if the seller…

By Damon Delcoro

General

IRS Issues Guidance on New Bonus Depreciation Rules

The Tax Cuts and Jobs Act (TCJA) significantly expands bonus depreciation under Section 168(k) of the Internal Revenue Code for both regular tax and alternative minimum tax (AMT) purposes. Now, the IRS has released proposed…

By Damon Delcoro

General

Is more tax reform on the horizon?

President Trump and Republican lawmakers currently are considering a second round of tax reform legislation as a follow-up to last year’s Tax Cuts and Jobs Act (TCJA). As of this writing, there’s been no actual…

By Damon Delcoro

General

Does Your Buy-Sell Agreement Need Updating?

If you own a business and follow professional advice, you’ve likely established a buy-sell agreement in case you or a co-owner voluntarily or involuntarily leaves the company. Assuming this is true, remember that it’s not enough…

By Damon Delcoro

General

Is Your Website ADA Compliant? Take a Look at these Standards

Is a company’s website a place of public accommodation? That question is the key test of whether a business is subject to the Americans with Disabilities Act (ADA). The Department of Justice (DOJ), which enforces the…

By Damon Delcoro

General

The ABCs of Higher Education Tax Breaks

The Tax Cuts and Jobs Act (TCJA) includes many changes that affect individual taxpayers. But, in terms of tax breaks for higher education, the new tax law generally maintains the status quo, with a few minor…

By Damon Delcoro

General

Supreme Court Opens Door to Taxation of Online Sales

In a much-anticipated ruling that confounded the expectations of many court watchers, the U.S. Supreme Court has given state and local governments the green light to impose sales taxes on out-of-state online sales. The 5-4…

By Damon Delcoro

General

Turn Your Website into a Marketing Magnet

Turn Your Website into a Marketing Magnet Generally your company’s website really has only one purpose — to sell. And that means you need to attract as many potential customers as possible while maintaining your…

By Damon Delcoro

General

How the Tax Law Hits Charitable Giving

How the Tax Law Hits Charitable Giving For charitable donors, the Tax Cuts and Jobs Act (TCJA) giveth and it taketh away. Here’s what charity-minded individuals need to know. Increased Charitable Deduction Limit Under prior law,…

By Damon Delcoro

General

Watch Out for these Tax Issues When Planning for Your Business in 2018

Watch Out for these Tax Issues When Planning for Your Business in 2018 The Tax Cuts and Jobs Act makes sweeping changes. But some of the new provisions won’t necessarily be relevant to your situation. Here’s…

Track Your Refund

Author: Damon Delcoro

What’s Next for State Tax Nexus?

IRS Issues Guidance on New Bonus Depreciation Rules

Is more tax reform on the horizon?

Does Your Buy-Sell Agreement Need Updating?

Is Your Website ADA Compliant? Take a Look at these Standards

The ABCs of Higher Education Tax Breaks

Supreme Court Opens Door to Taxation of Online Sales

Turn Your Website into a Marketing Magnet

How the Tax Law Hits Charitable Giving

Watch Out for these Tax Issues When Planning for Your Business in 2018

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