Tax Alert

May 2017

President Signs Executive Order on Promoting Free Speech and Religious Liberty

By | May 4, 2017|Categories: Nonprofit|Tags: , , , |

On the heels of statements made earlier this year regarding the repeal of the Johnson Amendment, President Donald Trump today signed an executive order that allows churches and other religious organizations to become more active politically. It also provides regulatory relief for organizations that object, on religious grounds, to a provision of Affordable Care Act [...]

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March 2017

The 2015 PATH Act and Qualified Improvement Property

By | March 2, 2017|Categories: Taxing Thoughts|Tags: , , |

History Since its inception in 2001, many taxpayers have used the Qualified Leasehold Improvements (QLI) designation as an effective tax planning strategy to help accelerate depreciation and recover the cost of certain improvements over a shorter period of time. For improvements that qualify, the recovery period is reduced from 39 years to 15 years. The [...]

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