Tax Reform for Your Small Business
As an addendum to our previous post on the Tax Cuts and Jobs Act (TCJA), there are a few provisions in this tax reform that are especially important to small business owners. Below is a summary of a few important developments that will impact our clients the most.
Tax Reform is here. Now What?
Tax Cuts and Jobs Act (TCJA)
The TCJA was signed into law a week ago, and after reading 500 pages of tax legislation, proposed regulations, notices, memos, FAQs, we have a pretty good idea of how it will impact your personal tax returns.