by Brian Hare, CPA, CGMA | Feb 18, 2018 | Tax
While many provisions of the Tax Cuts and Jobs Act (TCJA) will save businesses tax, the new law also reduces or eliminates some tax breaks for businesses. One break it eliminates is the Section 199 deduction, commonly referred to as the “manufacturers’ deduction.”...
by Brian Hare, CPA, CGMA | Feb 12, 2018 | Tax
Under the Tax Cuts and Jobs Act (TCJA), individual income tax rates generally go down for 2018 through 2025. But that doesn’t necessarily mean your income tax liability will go down. The TCJA also makes a lot of changes to tax breaks for individuals, reducing or...
by Brian Hare, CPA, CGMA | Jan 8, 2018 | Tax, Uncategorized
On December 20, Congress completed passage of the largest federal tax reform law in more than 30 years. Commonly called the “Tax Cuts and Jobs Act” (TCJA), the new law means substantial changes for individual taxpayers. Here’s how the TCJA will affect...
by Brian Hare, CPA, CGMA | Jan 8, 2018 | Tax
The Tax Cuts and Jobs Act of 2017 (TCJA) is a sweeping revision of the tax code that alters federal law affecting individuals, businesses and estates. Focusing specifically on estate tax law, the TCJA doesn’t repeal the federal gift and estate tax. It does, however,...
by Brian Hare, CPA, CGMA | Jan 8, 2018 | Tax
The recently passed tax reform bill, commonly referred to as the “Tax Cuts & Jobs Act” (TCJA), is the most expansive federal tax legislation since 1986. It includes a multitude of provisions that will have a major impact on businesses. Here’s a look at some of the...
