A brand new deduction has been established by The Tax Cuts and Jobs Act for pass-through business owners. They will be able to take advantage of up to 20% deduction of their net business...
While your accountant may be in-the-know, much remains to be seen by the majority of Americans in relation to recent tax reform by the Trump administration. Existing tax structures...
If you own a limited liability company (LLC), it may be a good idea to re-visit the current structure with your accountant to ensure optimal performance regarding business taxes. If,...
There has been a lot of movement in the Tax Cuts and Jobs Act lately, however, one of the most significant tax reforms introduced is the tax law related to pass-through businesses....
January 2018Tax Reform Provides New 20% DeductionThe new 2018 Section 199A tax deduction that you can claim on your IRS Form 1040 is a big deal. There are many rules (all new, of course),...