On December 20, Congress passed, and President Trump later signed, the Tax Cuts and Jobs Act (“Act”). The Act includes numerous tax changes, which will impact the taxes owed by most Americans. While we can’t address each change in this article, we did want to highligh...

Tax Alert: Significant Federal Tax Changes from the Tax Cuts and Jobs Act | McGrath North

On December 20, Congress passed, and President Trump later signed, the Tax Cuts and Jobs Act (“Act”). The Act includes numerous tax changes, which will impact the taxes owed by mos...

At the federal level, wealth transfers are subject to three separate, but overlapping, taxes: (1) the federal gift tax; (2) the federal estate tax; and (3) the federal generation-skipping transfer tax. Each of these wealth transfer taxes must be considered whenever on...

The “Legal Check-Up”: Common (And Avoidable) Issues For Business Owners | McGrath North

The day-to-day life of the business owner is very unpredictable – from managing employees, trying to drive sales, watching expenses, collecting receivables, and on and on, there is v...

We wanted to update you on two Nebraska tax proposals which the Legislature did not pass as well as keep you informed regarding South Dakota’s remote sales tax collection statute (which is being challenged now in the South Dakota courts).

Nebraska Legislature Keeps Capi...