2018 Tax Act: Business Taxes- Domestic Production Deduction

This is an overview of Domestic Production Deduction for Business Taxes, for the 2018 Tax Law.

Tax LawGuest UserApril 12, 2018Tax, tax reform

2018 Tax Act: Business Taxes- Entertainment

This is an overview of the Entertainment for Business Taxes, for the 2018 Tax Law.

Tax LawGuest UserApril 10, 2018tax reform, Tax

2018 Tax Act: Business Taxes- Like-Kind Exchanges

This is an overview of Like-Kind Exchanges for Business Taxes, for the 2018 Tax Law.

Tax LawGuest UserApril 5, 2018Tax, tax reform

2018 Tax Act: Business Taxes- Net Operating Carry back

This is an overview of Net Operating Carryback for Business Taxes, for the 2018 Tax Law.

Tax LawGuest UserApril 3, 2018Tax, tax reform

2018 Tax Act: Business Taxes- Cash Method of Accounting

This is an overview of the Cash Method of Accounting for Business Taxes, for the 2018 Tax Law.

Tax LawGuest UserMarch 27, 2018tax reform, Tax

2018 Tax Act: Individual Returns- Miscellaneous Expenses Subject to the 2% Limitation

This is an overview of the miscellaneous expenses subject to the 2% limitation for an individual, for the 2018 Tax Law.

Tax LawGuest UserMarch 22, 2018Tax, tax reform

2018 Tax Act: Individual Returns- Taxes on Schedule A (1040 Form)

This is an overview of the Taxes on Schedule A for an individual, for the 2018 Tax Law.

Tax LawGuest UserMarch 20, 2018tax reform, Tax

2018 Tax Act: Individual Returns- Medical Expenses

This is an overview of the medical expenses for an individual, for the 2018 Tax Law.

Tax LawGuest UserMarch 15, 2018Tax, tax reform

2018 Tax Act: Individual Returns - Standard Deduction

This is an overview of the standard deductions for an individual, for the 2018 Tax Law.

Tax LawGuest UserMarch 13, 2018

2018 Tax Act: Individual Returns

This is a brief overview of the 2018 Tax Act for individual returns.

Tax LawGuest UserMarch 8, 2018

New Pass-Through Entity Rules

One of the most important – and complicated – changes in the new tax reform act is to tax rules affecting small businesses that are treated as “pass-through entities.”

The good news is that if you own one of these businesses you may get as much as a 20 percent reduction to the taxation of business net income under the new rules. However, calculating the actual deduction can become very complex. It depends upon several factors, including your level of income, your profession, the amount your business spends on wages and property acquired during the year.

Tax LawGuest UserJanuary 30, 2018Tax, 2018, small business, tax reform

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