Eckhoff Accounting News & Resources
The Tax Cuts and Jobs Act (TCJA) may have put a crimp in some of your summer plans by eliminating or scaling back certain tax breaks. But individuals and small business owners still have plenty of opportunities to save taxes. Here are six ideas to consider this summer.
May 29, 2018
HOME SALES DECLINE
Both new and existing home sales weakened in April, according to reports from the Census Bureau and National Association of Realtors. Resales were down 2.5%; new home buying, 1.5%. NAR chief economist Lawrence Yun cited “the utter lack of available listings on the market” as the “root cause” of the retreat in resales.
Tax-Free Gain Rollovers for QSBC Stock Sales
Sales of qualified small business corporation (QSBC) stock may potentially be eligible for a gain exclusion. (See main article.) But that’s not all. There’s also a tax-free stock sale gain rollover privilege — similar to what happens with like-kind exchanges of real property.
May 21, 2018
RETAIL SALES RISE ANOTHER 0.3%
April’s advance remained at that level. even with car and truck sales removed. It paled compared to the 0.8% March gain reported by the Department of Commerce, but it matched the consensus forecast of economists surveyed by MarketWatch.
Tuesday, May 22, 5:00pm to 6:30pm
Atria Tamalpais Creek, 853 Tamalpais Avenue, Novato
RSVP to Diane Castro, Community Sales Director, Atria Tamalpais Creek
415.892.0944 or firstname.lastname@example.org
Seating is limited.
Michele Hassid will be one of three guest speakers at a complimentary seminar on affording senior housing, hosted by Atria Tamalpais Creek.