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Accounting Methods Insights

TPC Tax Insights – A Podcast for the Tax Minded

We’re starting a podcast in order to share industry information and introduce smart, interesting, people whose voices we feel need to be heard. We hope to connect our employees, clients and other tax and accounting professionals who may feel isolated or “out of the loop” in this era of COVID19 and global work-from-home. Hosted by Kristin Mauer, a long time TPC team member based on the West Coast, each episode […]

October 28, 2020

The 2020 Presidential Election: Tax Proposals of Biden & Trump

Election Day is November 3rd, and there are a number of policy debates dominating this Presidential election cycle including the COVID-19 pandemic and the federal response to it, the Supreme Court and the current vacancy created by the death of Justice Ruth Bader Ginsburg, racial and ethnic equality, healthcare and the future of the Affordable Care Act (ACA), and climate change.  Tax policy issues are also on the ballot for […]

October 1, 2020

Highlights of the §163(j) Interest Limitation Guidance Issued on July 28, 2020

On July 28, 2020, the US Treasury and IRS released final regulations (Final Regulations) and new proposed regulations (Proposed Regulations) (collectively, Final and Proposed Regulations) on the limitation on deductions for business interest expense (BIE) under §163(j) of the Internal Revenue Code (Code).  The §163(j) limitation was modified by the 2017 US tax reform legislation, referred to as the Tax Cuts and Jobs Act (TCJA) (Pub. L. No. 115-97 enacted […]

September 2, 2020