Tax Reform Benefit for Small Business Owners

First things first, this new provision, Section 199A, as part of the Tax Cuts and Jobs Act allows for a 20% deduction for qualified business income deduction. There are exceptions and it can get complicated, but, to keep it simple, … Read More

26 things you need to know about the incoming tax law

It’s official. There’s a new tax code starting in 2018. Actually this is the first significant reform of the U.S. tax code since 1986 and the days of Ronald Reagan as president. That’s crazy, right? This measure is sure to … Read More

6 Things to Know about Taxes and Starting a Business

posted in: Small Business | 0

Thinking about starting a small business to help you earn income and use your skills? New business owners have tax-related things to do before launching any company. Here are the 6 things to know about taxes and starting a business. … Read More

Understanding pass-through income

If you own a business, it’s a must to understand the tax side of the business. Maybe you’ve heard of the advantages of registering your business in a no income tax state. In fact, you may have found companies offering … Read More