Recent News & Events

Impact of TCJA Changes to Employee Benefits Tax Breaks

TCJA Changes to Employee Benefits Tax Breaks: Four Negatives and a positive The Tax Cuts and Jobs Act (TCJA) includes many changes that affect tax breaks for employee benefits. Among the changes are four negatives and one positive that will impact not only employees but also the businesses providing the...

Recent Tax Law Change Made 2017 Net Operating Loss More Beneficial

Net Operating Loss

A Net Operating Loss on Your 2017 Tax Return Isn’t All Bad News. The Tax Cuts and Jobs Act (TCJA) makes some significant changes to the tax treatment of net operating loss (NOL), which is (generally) when a company’s deductible expenses exceed its income. If when filing your 2017 income...

“IRS Refunds” ID Theft Scam

Yesterday, at a Security Summit in Providence, the Rhode Island Division of Taxation, the Internal Revenue Service, and other partners  warned taxpayers and tax professionals to be alert to identity theft (ID) scams. They shared information about a new email ID scam currently pretending to be from “IRS...

The Tax Reform Act: An Overview of Provisions Affecting Contractors

Contractor Tax Reform

The Tax Cuts and Jobs Act signed into law in late December has been described as the most sweeping tax overhaul in more than 30 years. But the effects go far beyond taxes alone. Many of the new law’s provisions could also affect how you organize and manage your construction-related...

2018 April News in Review

Sansiveri’s 2018 April News in Review is a summary of news, events and links that we shared throughout the month of March. Just in case you missed an earlier post or email, this issue includes information on repairs versus improvements and how some safe harbors can help; how claiming...

Key 2018 Second Quarter Tax Deadlines

Key deadlines for businesses and other employers for 2018 Q2 tax calendar:  Listed below are some of the key tax-related deadlines affecting businesses and other employers during the second quarter of 2018. Please keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply...