Tuesday, February 5, 2019

e-News for Small Business, Issue 2019-1

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e-News for Small Business Feb. 5, 2019

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e-News for Small Business, Issue 2019-1

Catch up on latest IRS updates for businesses

Business owners may be interested in the business-related tax information the IRS shared during the recent partial government shutdown:

IRS.gov update: IRS Activities Following the Shutdown

IR-2018-251, December 14, 2018: IRS issues standard mileage rates for 2019

IR-2018-254, December 18, 2018: IRS issues guidance on changes to excess business and net operating losses

IR-2018-257, December 21, 2018: IRS issues guidance on Section 179 expenses and Section 168(g) depreciation under Tax Cuts and Jobs Act

IR-2019-04, January 18, 2019: Treasury, IRS issue final regulations, other guidance on new qualified business income deduction; Safe harbor enables many rental real estate owners to claim deduction

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