Start by counting the total number of parking spots in each parking lot. Then continue as follows for each lot:
Step 1: Calculate the disallowance for reserved employee spotsCalculate the disallowance for reserved employee spots as a percentage to total parking spots. If there are none, go to Step 2.
Step 2: Determine the primary use of remaining ... Read More ›
The Releases include: Wage and Tax Reporting Forms W-2 and W-3 Information Reporting Forms 1099, 1096, and 5498 2018 Automobile Rules Third Party Payments of Sick Pay Form W-4P Withholding on Pension and Annuity Payments 2019 Rates ... Read More ›
The Tax Cuts and Jobs Act (TCJA) created a new grouping rule called Siloing (separate trades or businesses) for tax-exempt organizations with multiple unrelated business activities. Prior to the new law, organizations could net income and losses from all unrelated business activities when determining their taxable income. Effective for tax years beginning after 12/31/17, ... Read More ›