News

By the International Revenue Service (issued March 20, 2018) The Internal Revenue Service reminded taxpayers today that it’s not too late to contribute to an Individual Retirement Arrangement (IRA) and still claim it on a 2017 tax return. Anyone with an IRA may be eligible for a tax credit or deduction on their 2017 tax return if they make contributions by April 17, 2018.

By the International Revenue Service (issued March 9, 2018) The Internal Revenue Service today warned taxpayers against scam groups masquerading as charitable organizations, luring people to make donations to groups or causes that don't actually qualify for a tax deduction.

By Katie Watson and Katie M. Eaves The Tax Cuts and Jobs Act (2017 Tax Act) may have been signed into law a few months ago, but many are still left with questions on how the changes will affect them personally and professionally. Below we provide a summary of the income and tax provisions in the 2017 Tax Act and what affect they may have on individuals.

Great news for Arkansas employers as Act 734 of 2017 became effective January 1, 2018 enabling substantial reductions in unemployment contributions.

By Lynda M. Johnson, Timothy C. Ezell and Tonya S. Gierke Published in Arkansas Medical News (March/April) It is no secret that there are extensive challenges facing healthcare providers in today’s regulatory environment. In particular, the significant increase in government healthcare program audit activity over the last 10 to 15 years has created additional uncertainty and risk in the healthcare industry.

Included in Governor Hutchinson’s recent call for an Extraordinary Session of the General Assembly was an item to address the recent Arkansas Supreme Court decision holding that contractual waivers of jury trials were unenforceable.

By Mike Childers Published in Arkansas Business (March 19, 2018) Many Arkansas landowners have been approached recently with offers to lease substantial tracts of land for the development of solar power generating facilities. The target land is often Delta farmland, and solar companies promise lease rates substantially higher than typical farm rents.