Business Interest Deductions Clarified Under IRC Section 163(j)
The Treasury recently released proposed regulations under Internal Revenue Code (IRC) Section 163(j), which created business interest deduction limitations. The proposed regulations generally apply for tax years beginning after December 31, 2017. Taxpayers may apply the proposed regulations until final regulations are published, as long as the rules of the proposed regulations are consistently applied. […]
Required Minimum Distribution: Don’t Miss It!
In general, owners of traditional IRAs and participants in qualified retirement plans who are over age 70½ must take a required minimum distribution (RMD) every year. However, non-5%-owner participants in qualified retirement plans who continue to work after age 70½ may delay their RMD until they actually retire, but only if allowed by the plan. […]
Increased Gift Tax Exemptions: Limited Time Offer?
In the last issue we wrote about some of the recent changes to the estate and gift tax landscape, as well as the importance of having your estate planning documents reviewed and updated to make sure you and your heirs are able to take advantage of these recent changes. In this issue, we want to […]
Artificial Intelligence Pros & Cons
Artificial Intelligence pros and cons should be a top priority as Artificial Intelligence (AI) capabilities rapidly evolve. AI has already secured its place throughout our digital world, and is now a growing force within the information security landscape. Pros Security products increasingly rely on AI for detection of unauthorized activity or misappropriation of confidential data. […]
The Windes Corporate Gallery Award
The Windes Corporate Gallery Award recognizes exceptional artists enrolled in the Student Arts program at California State University, Long Beach (CSULB), and is presented semiannually to a student in the program. Our awardee is Briana Miyoko Stanley with her piece, “1.9.18.” Briana is a graduate student at CSULB, working towards her Masters of Fine Art in Drawing and Painting. […]