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- Important Information On How Tax Reform Effects Business Entertainment
- Video: Important Information On How Tax Reform Effects Business Entertainment.
- Big Tax Changes for Divorce Decrees after 2018
- Welcome to 2019 and a delayed provision of the tax reform, also known as the Tax Cuts and Jobs Act (TCJA). For divorce agreements entered into after December 31, 2018, or pre-existing agreements that are modified after that date to expressly provide that alimony received is not included in the recipient’s income, alimony will no longer be deductible by the payer and won’t be income to the recipient.
- 7 Ways Small Business Owners Can Save On Taxes
- Everybody wants to lower the amount they pay in taxes, but it is an especially important goal for small business owners.
- Some Electric Vehicle Credits Are Phasing Out!
- The IRS recently announced that the tax credit for purchasing the popular Tesla is being phased out and that the credit will drop to $3,750 after December 31, 2018, and will drop again to $1,875 after June 30, 2019. Then, the credit will no longer be available for a Tesla after December 31, 2019. But Tesla is not the only plug-in electric vehicle eligible for the credit, and a full list of vehicles qualifying for credit is available on the IRS’s website.
- Attention S Corp Business Owners! Are You Paying Yourself a Reasonable Salary?
- S Corporations have very specific requirements when it comes to taxation and compensation.
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