by Bruce E. Bell | May 1, 2019 | Bruce E. Bell, Tax Corner
Question: I received a distribution from a limited liability company in which I am an owner representing proceeds from the refinancing of a commercial loan on company property. Can I deduct my share of the interest on this...
by Bruce E. Bell | Apr 4, 2019 | Bruce E. Bell, Tax Corner
Question:       I am planning to remarry and want my 401(k) plan benefits paid to my children upon my death, not to my future spouse. Do I need a prenuptial agreement to accomplish this? Answer:         Specific requirements must be satisfied under the Internal...
by Bruce E. Bell | Mar 1, 2019 | Bruce E. Bell, Tax Corner
Question: Is there any way to deduct business entertainment expenses after the most recent tax legislation? Answer: The Tax Cuts and Jobs Act of 2017 fully eliminated...
by Bruce E. Bell | Feb 2, 2019 | Bruce E. Bell, Tax Corner
Question: I am contemplating purchasing an interest in a limited liability company as an investment. What tax consequences if any I should be concerned with?Answer: Various tax issues must be addressed in connection with the purchase of an interest...
by Bruce E. Bell | Jan 3, 2019 | Bruce E. Bell, Tax Corner
Question: Under the new tax law, can I deduct 20% of my S corporation income?Answer: The 2017 Tax Cut and Jobs Act entitles owners of S corporations, partnerships, limited liability companies and sole proprietorships to a deduction on their personal income tax returns...
