Current Articles

• Congressional Record – Tax Cuts And Jobs Act (Part 15)
  By TaxConnections Admin
  (This is a direct response to the previous post which asked to oppose the language effectively repealing the Johnson Amendment for houses of worship) Mr. NEAL: Mr. Speaker, I yield 2 minutes to the […]
• IRC Section 965 Transition Tax: Resistance Is Futile
  By John Richardson
  “This legislation is being interpreted by a number of tax professionals to mean that individual U.S. citizens living outside the United States are required to simply “fork over” a percentage of the […]
• Renouncing/Relinquishing Your U.S. Citizenship And Taxes
  By Olivier Wagner
  We received a question from Denise from Canada. The question is: “I’ve heard a lot of words to describe people who were no longer U.S. citizens – “surrendered”, “relinquished”, “renounced” U.S. […]
• Rethinking Entity Choice In Light of Tax Cuts And Jobs Act
  By Kazim Qasim
  Until the inception of the Tax Cuts and Jobs Act, entity selection by businesses was a fairly easy decision.  In most cases, businesses chose a form of pass-through entity, given the high tax rate of […]
• Congressional Record – Tax Cuts And Jobs Act (Part 14)
  By TaxConnections Admin
  SECTION 5201 EXEMPTS HOUSES OF WORSHIP FROM THE JOHNSON AMENDMENT Section 5201 allows houses of worship to endorse candidates so long the endorsement is made during a religious service or gathering, […]