Category archives: Business Taxes

You could save a bundle this year if you carefully consider your business expenses for possible deductions for taxes.

This is the first year that the new Tax Cuts and Jobs Act of 2017 will impact your tax returns. So, give your tax advisor a call.

Move now to evaluate your filing options as: 1) a self-employed individual; 2) an S Corp; 3) a C Corp; or 4) an LLC

While major retailers like Amazon, Target and Walgreens may see little impact, it’s small businesses that need to pay more attention to these changes.

There is no doubt that corporations and their CEOs received an enormous financial gift here. But how these leaders spend the money will have profound implications.

The Trump tax plan offers deductions for SUVs, trucks and passenger cars.

Consult your accountant, but an income pass-through shows promise for franchisees.

Deduction changes are coming for meals and entertainment, business automobiles, mortgage interest, alimony and medical expenses.

The important term you’ll have to deal with here is ‘book value.’