Wednesday, October 31, 2018

e-News for Small Business, Issue 36

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e-News for Small Business Oct. 31, 2018

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e-News for Small Business, Issue #36

Tax Cuts and Jobs Act: A comparison for businesses

The Tax Cuts and Jobs Act (TCJA) changed deductions, depreciation, expensing, tax credits and other tax items affecting businesses. This side-by-side comparison can help businesses understand the changes and plan accordingly.

Some provisions of the TCJA affecting individual taxpayers can also affect business taxes. Businesses and self-employed individuals should review tax reform changes for individuals and determine if and how these provisions may concern their business situation.

Visit IRS.gov/taxreform regularly for tax reform updates. Businesses can find details and the latest resources at Tax Reform Provisions that Affect Businesses.

 

 

 

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