Publications

By Sidney Kess CPA Journal October 2018 Issue The Tax Cuts and Jobs Act of 2017 (TCJA) did not make any major changes to the taxation of gains and losses from securities transactions. Favorable tax rates continue to apply to capital gains, and losses continue

By Sidney Kess, James R. Grimaldi, James A.J. Revels, and Thomas K. Lauletta CPA Journal October 2018 Issue Buying or selling a home is one of the most significant financial transactions many individuals engage in. The authors examine the various ways in which CPA financial

By Sidney Kess, Carol R. Kaufman, James R. Grimaldi, and James A.J. Revels CPA Journal September 2018 Issue Because of the Tax Cuts and Jobs Act (TCJA), more individuals—90% of taxpayers, by some estimates—will decide to prepare their own tax returns. With the simplification of

By Sidney Kess, James R. Grimaldi, James A.J. Revels, and Thomas K. Lauletta CPA Journal October 2018 Issue For most students, the price of higher education is steep and getting steeper. Annual increases in the cost of higher education have consistently outpaced the overall rate

By Sidney Kess CPA Journal October 2018 Issue Most attorneys, accountants, and other professionals operate as unincorporated sole practitioners, or through partnerships and limited liability partnerships (LLP), making them owners of pass-through entities. Such professionals may be able to cut the effective tax rate on

By Sidney Kess, James R. Grimaldi, and James A.J. Revels CPA Journal August 2018 Issue Young people are not taught enough about financial literacy. Schools do not teach kids the basics about the value of money, how to save, how to invest, how to spend,

By Sidney Kess, James R. Grimaldi, and James A.J. Revels CPA Journal August 2018 Issue The gig economy is a sector of the workforce in which people do not have long-term employment. Those in the gig economy are contingent workers—freelancers, consultants, tradespeople—who cannot necessarily count