June 27, 2019
This year brought numerous changes to the tax preparation and planning process for both individuals and businesses. Consider the following before filing your 2019 taxes:
This year brought numerous changes to the tax preparation and planning process for both individuals and businesses. Consider the following before filing your 2019 taxes:
The Tax Cuts and Jobs Act (TCJA) created the Qualified Business Income (QBI) deduction for tax years 2018-2025. Essentially, certain elements (but not all) of a business owner’s income are getting a tax break.