Proposed Regs Provided for Code Sec. 163(j) Limit
The IRS has proposed regulations on the limitation on the business
interest expense deduction under Code Sec. 163(j), as amended by
the Tax Cuts and Jobs Act (TCJA) ( P.L. 115-97). The IRS also has
Deductions Denied to Medical Marijuana Dispensary
A nonprofit corporation that operated a medical-marijuana
dispensary legally under California law was not allowed to claim
deductions for business expenses on its federal return. Code Sec.
2019 Standard Mileage Rates Released
The IRS released the optional standard mileage rates for 2019. Most
taxpayers may use these rates to compute deductible costs of
operating vehicles for:...
Proposed Regs Address Foreign Tax Credit Changes
Highly anticipated foreign tax credit regulations have been issued
that provide guidance on the significant changes made to the
foreign tax credit rules by the Tax Cuts and Jobs Act ( P.L.
Guidance on 2019 Withholding Rules
The IRS has provided interim guidance for the 2019 calendar year on
income tax withholding from wages and withholding from retirement
and annuity distributions. In general, certain 2018 withholding
Welcome to our Website. At Shore & Company, P.C., we strive to provide personalized services that delight our clients. Our focus is providing individual clients with outstanding service and helping our business clients build exceptional businesses.
Our dedication to quality client service has brought us to the Internet as we endeavor to provide the highest quality professional service and guidance.
Our Website features the following major sections:
FIRM PROFILE - Visit this page to learn more about the firm's history, personnel & mission statement.
CLIENT SERVICES - Find out more about the wide range of services we offer and our various areas of expertise.
NEWSLETTER - Our online client newsletter is updated constantly and is an easy way to keep current on tax and financial matters.
FINANCIAL TOOLS - To refinance or not refinance? When can I retire? How much can I afford? These are just a few of the many questions that can be addressed with our helpful interactive financial calculators & tools.
LINKS - There are a lot of great Websites out there - if you can find them! Use this page to Link to some useful sites that we've found.