UHY LLP and UHY Advisors (“UHY”) today announced they have expanded their operations in the Midwest with the addition of the professional services practice of McRuer & Associates, LLC (McRuer), located in Kansas City, Missouri.
In response to the threat of the Illinois credit rating being downgraded to “junk bond” status, the Illinois General Assembly has passed the first state budget since 2015, and a multibillion-dollar income tax hike to support it. The resulting Illinois Income Tax Act (IITA) produces a number of tax changes that impact individuals, corporations, and most other filing entities.
As we prepare for the close of 2016 and begin planning for upcoming years, there are significant opportunities with regard to fixed assets, including the ability for taxpayers to immediately deduct 50% of non-residential building improvements.
Recently, the president permanently restricted internet taxes by signing the Internet Tax Freedom Act (ITFA). The ITFA prohibits all levels of government from taxing internet use.
The FASB recently issued its new accounting requirements for leases.
An American renaissance
November 1, 2012
Join us on-site at UHY’s St. Louis office or on-line via webcast
Join us to learn more about the latest industry trends and rebirth of American manufacturing. Topics, speakers and keynote will be announced shortly.
CPE credit will be offered.