Aspire. Ascend. Achieve
23 Aug

5 Things Nonprofits Should Understand About the Effect of Tax Reform on Charitable Giving

Effect of Tax Reform on Charitable Giving | Spire Group, PC The Tax Cuts and Jobs Act (TCJA) enacted in late 2017 significantly changed the federal tax code. While the changes will affect individuals and businesses of all types, the nonprofit sector needs to carefully monitor how the new law impacts their finances and operations. […]

read more »
21 Aug

Tax Reform’s Changes to the Child Tax Credit

Tax Reform’s Changes to the Child Tax Credit | Spire Group, PC The Tax Cuts and Jobs Act is being touted as pro-taxpayer legislation, and it’s easy to see why – the tax rates have been lowered, the AMT exemption has grown, and the standard deduction has almost doubled. However, the recent tax reform also […]

read more »
12 Jun

Considerations for Business Entity Selection Under Tax Reform

Considerations for Business Entity Selection Under Tax Reform | Spire Group, PC C Corporation or S Corporation? It All Depends. Ever since Congress enacted the Tax Cuts and Jobs Act in December, many business owners are reconsidering which business entity makes the most sense for their particular business. With the new, lower tax rate for […]

read more »
07 Jun

Schedule C Form 1040 Filers Beware: The IRS Is Monitoring Your Deductions

Schedule C Form 1040 Filers Beware: The IRS Is Monitoring Your Deductions | Spire Group, PC Every independent business owner wants to reduce their taxes by taking advantage of allowed business deductions. However, just how much taxpayers take advantage of such deductions has caught the attention of the IRS. If you file a Schedule C […]

read more »
03 Apr

Estate and Gift Tax Rules Have Changed—Here’s What You Should Know

Estate and Gift Tax | Spire Group, PC The sweeping reform Congress pushed through to the federal tax law began taking effect mostly in 2018. Among the many significant changes made were changes to the estate and gift tax law. The crux of the change is that the estate and gift tax lifetime “exemption” more […]

read more »

Want to work with us? Reach out to get started

Contact Us