Some of your deductions may be smaller (or nonexistent) when you file your 2018 tax return
Some of your deductions may be smaller (or nonexistent) when you file your 2018 tax return
Some of your deductions may be smaller (or nonexistent) when you file your 2018 tax return
Will leasing equipment or buying it be more tax efficient for your business?
3 big TCJA changes affecting 2018 individual tax returns and beyond
Depreciation-related breaks on business real estate: What you need to know when you file your 2018 return
Many tax-related limits affecting businesses increase for 2019
Higher mileage rate may mean larger tax deductions for business miles in 2019
You may be able to save more for retirement in 2019
When you think about recent tax law changes and your business, you’re probably thinking about the new 20% pass-through deduction for qualified business income or the enhancements to depreciation-related breaks. Or you may be contemplating the reduction or elimination of certain business expense deductions. But there are also a couple of recent tax law changes that you need to be aware of if your business sponsors a 401(k) plan.
Your company is unique, and we may not be able to answer your specific questions within a blog post. Contact us and let our experts find the solution that’s right for you.
Packer Thomas Certified Public Accountants & Business Consultants.