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Pass-Through Deduction (199A) Will Fuel Wealth Inequality

Pass-Through Deduction (199A) Will Fuel Wealth Inequality

Originally published on Forbes.com. Christmas came early for tax pros this year.  As a kind of stocking stuffer, the IRS gave us a draft of Publication 535 that explains the qualified business income deduction. And then there was the big present from the Joint...
Lafayette In Charlton On September 1 2018 – Press Release

Lafayette In Charlton On September 1 2018 – Press Release

Contact: Peter J. Reilly Phone: 774-364-2595 Email: peterreillycpa@gmail.com                                                For Immediate Release Website: We Are The Future Generations September 1  – Commemoration of General Lafayette’s stop at the Rider Tavern...
The Spirit Of 1824

The Spirit Of 1824

… there never was nor will be such a meeting in this or any country ,,, Salem Towne Junior July 25, 1824 Salem Towne Junior wrote those words to encourage his wife to come to see how Lafayette was greeted in Boston.  I haven’t found out whether she managed...
Lesbians Want A Church Of Their Own And IRS Approves

Lesbians Want A Church Of Their Own And IRS Approves

Originally published on Forbes.com. Pussy Church of Modern Witchcraft might strike you as something you would find in the Onion, rather than here on a Forbes tax blog, but it is a real deal.  You can find it on Charity Navigator and Guidestar.  The IRS recognized it...
Lafayette On The Stafford Turnpike

Lafayette On The Stafford Turnpike

  I am involved in the planning for an event this coming Labor Day weekend.  It is the beginning of a long term project to celebrate the bicentennial of Lafayette’s Farewell Tour 1824-1825.  I don’t intend to make WFG all Lafayette all the time, but...