Key Legislative and Regulatory Changes to Affect Small Businesses in 2018
Will your business be impacted by legislative reforms and regulatory changes in 2018? This list of the most significant changes [...]
Calculating Your Tax Deduction on Qualified Business Income
As you know, new tax code Section 199A offers a 20 percent tax deduction on your qualified business income—if you [...]
Business Tax Tips That Could Save You Thousands
We have worked with many entrepreneurs like you over the years. We find that the majority of our clients strive [...]
Hobby Income Versus Business Income
The tax law has mistreated hobbies for a long time. But the most recent tax reform brings an end to [...]
S Corporation or Sole Proprietor?
Tax reform created a new 20 percent tax deduction for select pass-through entities. Will your business operation create the 20 [...]
Who Qualifies for Tax Credits?
We love tax credits because they help to reduce the taxes our client has to pay Uncle Sam. The two [...]
Ways to Make More of Your Property Tax Deduction
Tax reform put the screws to your state and local income tax deductions. Many states disliked that and have been [...]
Hiring Your Children To Run Rental Properties
Have you considered hiring your children to work on your rental properties? If so, were you concerned when you did [...]
Benefits of Partnering With Your Spouse Under New Tax Reform
Tax reform changed the rules of the game when choosing your best tax structure. In looking over the possibilities, we [...]
Business Income Deduction under Section 199A
As you likely know by now, the Tax Cuts and Jobs Act created a 20 percent tax deduction under new [...]