Harless Tax Blog
IRS launches new easy-to-use webpages on tax reform
Source from irs.gov
Business owners and self-employed taxpayers should make IRS.gov/taxreform their first stop for information on how tax reform affects both their business and individual taxes. The updated IRS.gov/tax reform page has helpful information for three types of taxpayers: individuals, businesses and tax exempt entities.
The Businesses page is for businesses of any size and includes these topics, among others:
— New 20 percent deduction for passthrough business
— Changes to deductions for certain fringe benefits
— Like-Kind Exchanges
— New employer credit for paid family and medical leave
— Depreciation and expensing
Small Business Accounting | South Florida
- Trackback Link
- Post has no trackbacks.