jchristianson@boutinjones.com

Jon Christianson

About Jon Christianson

I love skiing, cycling and photography, but above all, spending time with my family (especially doing one of the above!).
14 12, 2020

The CARES Act and Qualified Improvement Property

2020-12-14T21:14:06+00:00December 14th, 2020|Tax Articles|

A provision of the Coronavirus Aid, Relief and Economic Security (CARES) Act has provided a much-anticipated technical amendment regarding “qualified improvement property” (QIP). This provision corrected a flaw in the Tax Cuts and Jobs Act (TCJA) of 2017, and has made QIP eligible for bonus depreciation of 100%, applied retroactively to tax years beginning after December 31, 2017.

Before the passage of Continue Reading

11 12, 2020

Section 1202 Qualified Small Business Stock Benefits Revisited

2020-12-14T21:14:55+00:00December 11th, 2020|Tax Articles|

As we make it through 2020 and into 2021, one should consider revisiting the choice of entity in ascertaining which type of business entity is the best entity for a client’s particular needs. Historically, flow-through entities such as partnerships, limited liability companies and S corporations have prevailed over C corporations. Generally, this is a good choice for planning an exit from Continue Reading